Articles that mention Internal Revenue Service -Energy Storage News

Internal Revenue Service

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1. Mentioned In 14 Articles
2. U.S. Battery Storage Nears Tipping Point, Drives Energy Transition
  
  Explore theenergycollective.com Mar 14 2018 Solar Photovoltaic
  
  ...her words, when the next homeowner asks the same question—Does this storage retrofit qualify for the ITC?—the IRS examiner will see that the agency’s answer in a prior case was yes, making a positive answer in the second...
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  Mentions: CA Washington, D.C. France
3. ESA Applauds the IRS Private Letter Ruling on Residential Storage-plus-Solar
  
  Explore Energy Storage Association Mar 8 2018
  
  ...The IRS recent private letter ruling marks a milestone for the residential storage-plus-solar industry. The determination that an energy storage retrofit of a residential solar PV project is eligible for a 30 p...
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  Mentions: ESA Internal Revenue Service
4. IRS Rules Energy Storage Upgrade to Solar ITC Eligible
  
  Explore pv-magazine-usa.com Mar 5 2018 Solar Photovoltaic , Utility Grid
  
  ... credit if at least half of the energy used in the tank was from sunlight. In the final ruling paragraph, the IRS again references the 100% requirement of energy coming from solar PV: In May of 2017, utility Tucson Elect...
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  Mentions: Internal Revenue Service
5. With Tax Reform on the Table, Senators Prepare Second Push for Energy Storage Incentives
  
  Explore utilitydive.com Feb 9 2017
  
  ...e commercial and utility scale credit drops to a permanent 10%. Storage can qualify for an ITC under current IRS rules, but only when installed in conjunction with a wind or solar power project. So battery storage syste...
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  Mentions: New Mexico NV Mexico
6. The Rise and Rise of US Storage
  
  Explore PV-Tech Sep 13 2016
  
  ...dditional new deployments. Congress has introduced bipartisan legislation supporting storage advancement, the IRS is revising its guidance on storage and the Investment Tax Credit, and the Federal Energy Regulatory Commi...
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  Mentions: CA HI U.S.
7. What the Federal ITC Extension Means for the US Energy Storage Market
  
  Explore Greentech Media Mar 29 2016 Solar Photovoltaic , Utility Grid
  
  ...th renewables have been fairly ambiguous, it was a promising sign when the Department of the Treasury and the IRS opened the door for explicit inclusion of renewables paired with storage through a notice last fall. "Both...
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  Mentions: HI U.S. Internal Revenue Service
8. Honda Leads Members Calling For Renewable Energy Storage Investment Credits
  
  Explore Energy Storage Association Feb 19 2016
  
  ...lley, Calif.) was joined by a dozen of his colleagues, in a letter calling on Treasury Secretary Jack Lew and IRS Commissioner John Koskinen to allow those storage innovations the same tax credit that is available for cl...
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  Mentions: U.S. ESA Internal Revenue Service
9. How Energy Storage Can Boost the Proficiency of Utility-Scale PV
  
  Explore PV Insider Jan 13 2015
  
  ...ndy. We do not yet have a Federal approach around storage like we had for wind and solar with the PTC and ITC IRS programmes,” he says. Call for a unified position He believes that the energy storage industry would s...
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  Mentions: CA Asia DoE
10. Clean Energy Investment in the United States
  
  Explore Center for American Progress Jun 10 2014 Solar Photovoltaic , Wind
  
  ...alify as “real property” eligible to benefit from REIT designation. Instead, the Internal Revenue Service, or IRS, determines whether clean energy REITs are allowable on a case-by-case basis. Currently, the only clean en...
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  Mentions: CA DoE NV
11. 4 Factors Driving the Commercial Energy Storage Market
  
  Explore Greentech Media Feb 13 2014 Solar Photovoltaic , Utility Grid
  
  ...conditioning equipment such as inverters. From an economic perspective, three private letter rulings from the Internal Revenue Service have allowed energy storage devices to capture the 30 percent federal investment tax ...
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  Mentions: CA FERC PJM
12. IRS likely to supplement "Beginning Construction" guidance for renewable energy tax credits
  
  Explore Renewable + Law Aug 12 2013
  
  ...s to "begin construction" for these purposes. Similar to the guidance issued for the section 1603 grant, the IRS provided two alternative tests by which taxpayers can establish that construction has begun: (1) physical ...
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  Mentions: Congress Internal Revenue Service
13. Energy Department, Treasury Announce $150M in Tax Credits for Clean Energy Manufacturers
  
  Explore Department of Energy Feb 7 2013
  
  ...raphy, technology, project size, and regional economic development. The full solicitation is available on the IRS website HERE. ...
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  Mentions: DoE U.S. Internal Revenue Service
14. A123 Systems Introduces Advanced Lithium Ion Battery Designed Specifically for ... - GlobeNewsWire (press release)
  
  Explore GlobeNewswire Feb 21 2012
  
  ...singly important. Identity theft includes more than fraudulent credit card charges; these threats span across IRS fraud, medical fraud, loan fraud and employment fraud, all of which are not easily remedied. On Friday, Ma...
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  Mentions: U.S. TX A123
15. IRS Grants $14M Credit for ZBB's Storage Manufacturing Expansion
  
  Explore Green Technology Investments Jun 20 2011 Utility Grid
  
  ...ewable energy power platforms, today announced that it has received notice from the Internal Revenue Service (IRS) that the IRS has certified ZBB’s project for a $14,685,000 Advanced Energy Manufacturing tax credit under...
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  Mentions: WI Internal Revenue Service ZBB
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