Tax Programs
45Z
The 45Z Tax Credit Program (currently valid through 2027- with the potential to extend to 2031) provides biofuel producers (ethanol, methanol, renewable natural gas, etc.) the opportunity to make millions of dollars in production tax credits (PTCs) if they correctly assess their operations and take advantage of supplemental greenhouse gas (GHG) emission reduction improvements (i.e. operational changes, sourcing adjustments, and non-capital upgrades).
NPE can help you navigate the complexity of the 45Z program so that you can take advantage of existing incentives and make your facilities even more profitable.
45Q
The 45Q Tax Credit Program (currently valid through 2032) provides industrial plants that capture and utilize or sequester their carbon dioxide emissions the opportunity to make millions of dollars in production tax credits (PTC’s) if they correctly design and implement their operations (i.e. site soundly, permit properly, monitor/account/close responsibly).
NPE can help you navigate the complexity of the 45Q program so that you can take advantage of existing incentives and make your facilities even more profitable.
48E
The 48E Tax Credit Program (currently valid through 2032- with potential to expire as of 2028) provides renewable electricity project developers (wind, solar, biomass) the opportunity to receive millions of dollars in investment tax credits (PTC’s) if they correctly assess their design and operations and take advantage of supplemental greenhouse gas (GHG) emission reduction improvements (i.e. design modifications, operational changes, sourcing adjustments, and non-capital upgrades). The 45Z Tax Credit Program is extremely complicated, with 500-plus pages of explanatory legislative and regulatory text, intricate models, and undefined processes.
NPE can help you navigate the complexity of the 48E program so that you can take advantage of existing incentives and make your facilities even more profitable.