Tax Treatment of Energy Storage Facilities in New York State - Class Two

Speakers: William Turkovich and Joseph Rekrut, Hodgson Russ and Dr. William Acker, NY BEST

Overview:

Electric energy storage projects face key tax issues involving Investment Tax Credits (ITC).  The webinar will address for combined solar + storage projects. Key issues to be addressed include status of IRS rulings, ITC eligibility, and understanding recapture risks. 

• Overview of Storage Projects in NY
  • Discussion of the types of projects and business models
• Investment Tax Credit
  • Overview of the ITC and energy storage facility eligibility
  • Rules on pairing and charging of storage
  • Adding storage to existing projects
  • Contract issues
  • Recapture issues
• What's coming next
  • Update on effort to get ITC for stand-alone storage
  • Proposed legislation

For more information and to register click here.