The Internal Revenue Service (IRS) opened the portal for taxpayers to register for elective payment (under Section 6417 of the Internal Revenue Code (Code)) or transfer (under Section 6418 of

Continue Reading Monetizing Clean Energy Credits: IRS Opens Registration Portal

The Internal Revenue Service (IRS) and U.S. Department of the Treasury (Treasury) issued proposed regulations, published in the Federal Register Dec. 26, 2023, applicable to clean hydrogen production facilities.

Continue Reading Clean Hydrogen Tax Credits: IRS Releases Proposed Treasury Regulations

On June 14, 2023, the IRS released proposed and temporary regulations and additional guidance describing rules for applicable taxpayers to benefit from clean energy projects through electing to receive direct

Continue Reading Proposed Regulations under Section 6417 Direct Pay for Clean Energy Tax Credits

The energy community has eagerly anticipated the release of guidance related to new Code Sections 6417 and 6418 covering direct pay and transferability of renewable and alternative energy tax credits.

Continue Reading June 21 WEBINAR | Clean Energy Tax Credits: Direct Pay and Transferability – New Guidance Explained

There have been a series of recent high-profile legislative actions and media articles concerning attempts to ban natural gas appliances or natural gas service to consumers over alleged safety and

Continue Reading 9th Circuit Chills Municipal Government Efforts to Ban Natural Gas for Cooking, Heating

The Internal Revenue Service issued Notice 2023-18 establishing a program to allocate $10 billion of credits for qualified investments in eligible qualifying advanced energy projects under Internal Revenue Code Section

Continue Reading IRS Establishes a Program to Allocate Credits to Qualifying Advanced Energy Projects