Gain confidence with BerryDunn
Not rendering correctly? View this email as a web page here

December 2019


The GREEN Act — A ray of hope for the solar carve out and the ITC?
With December well under way, thoughts turn to year-end and tax filing preparation. While we get many questions this time of year related to changes in the tax law and what taxpayers can do before the end of the year to minimize their tax burden, different this year is the impending phase-out of the Investment Tax Credit (ITC) and Residential Energy Credit (REC) from 30% to 26%.

About BerryDunn
BerryDunn’s renewable energy team partners with clients at every stage, from start-up to IPO. We offer tax advisory, financial, and accounting services for cleantech companies involved in solar, wind, biomass, waste-to-energy, and energy-efficiency projects.


Maine's solar industry possibilities shine after 2019 law changes
The landscape for solar development for everyone from land owners to businesses to investors has changed dramatically after a slew of laws were passed this year making it more accessible.

Pollster: 'Remarkable' public backing for US wind and solar incentives
Americans back extension of tax incentives for wind and solar in what an opinion pollster labelled a "remarkable" 89% show of cross-party support for clean energy. Public opinion specialist Global Strategy Group, which surveyed 800 voters in so-called 'battleground' states across the U.S., said 95% of Democrats, 83% of Republicans and 86% of Independents back an extension, with candidates supporting that position in line for big benefits in voting intentions.

The promise of opportunity zones is in reach
Looking back, it would have been difficult to predict that six pages out of the 2017 Tax Cuts and Jobs Act could have caused so much consternation. The opportunity zone designation, designed to incentivize investment in distressed communities, appeared in multiple 2017 House and Senate bills with broad bipartisan support.

How AI can reshape the post-subsidy renewable energy market
With the status of current wind and solar subsidies in the U.S. unclear, the industry needs to brace for impact by making up for the increase in investment risk post-subsidies. How should investors prepare?

PO Box 1100 
Portland, ME  04101-1100  USA
Facebook Twitter LinkedIn
You received this email because you are subscribed to Marketing Information from BerryDunn.
Update your email preferences to choose the types of emails you receive.
Unsubscribe from all future emails