KPMG National Renewable Energy Group

Learn about our array of services to help you address the tax implications of renewable energy projects

Featured content

Inflation Reduction Act

Webcast on tax law changes for energy and chemicals industry companies

Webcast on tax law changes for energy and chemicals industry companies

Inflation Reduction Act

KPMG insights on climate & renewables related tax measures

KPMG insights on climate & renewables related tax measures

IRA and CHIPS Acts

KPMG first impressions on the accounting for key provisions in recent tax legislation

KPMG first impressions on the accounting for key provisions in recent tax legislation

Hydrogen

Clean hydrogen advancing with Infrastructure Act and proposed tax credit

Clean hydrogen advancing with Infrastructure Act and proposed tax credit


The KPMG National Renewable Energy Group is a team of individuals with experience providing tax services to developers of renewable energy projects, tax equity investors, and operators of renewable energy projects.  We are an integrated group of professionals with a broad range of industry experience who can help you grapple with the changing regulatory and competitive environment, complex risk, technology, and compliance issues.

Our professionals can advise you on the broad range of tax issues facing all participants in the industry—from the tax implications of costs incurred before development to the sale of existing projects, eligibility for credits and incentives, and complex tax and financial reporting implications of ongoing projects. And the group's integrated approach means that you can access the breadth of this experience from a single point of contact.

Among the services offered by the group are:


  • Qualification of federal and state incentives, including energy credits
  • Preparation and review of tax equity models and structuring and negotiating transactions, tracking ongoing internal rate of return calculations, and hypothetical liquidation at book value analysis
  • Consultation and negotiation relating to sales and use tax and property tax exemptions and refund opportunities
  • Tax compliance, including outsourcing and cosourcing the tax function
  • Cost segregation studies
  • Valuation studies of renewable energy assets
  • Advice on all types of transactions—from initiation transactions to sales of projects and everything in between
  • Eligibility and calculation of research and development credits
  • Consulting services for improving the impact on environmental, social, and goverance (ESG) initiatives.

Tax developments related to renewables

Renewable energy credits and incentives

Renewable energy credits and incentives
This document provides a high-level overview of federal tax renewable energy incentives and credits. | March 2022


 


 

Section 45Q carbon oxide sequestation credit

Section 45Q Credit for Carbon Oxide Sequestration
Learn more about section 45Q and how KPMG professionals can help you with its application and related areas


 

Build Back Better Act Tax proposals


 

Insights on renewable project valuations

Renewable Energy Valuation
Learn about valuations for the renewable energy projects
Economic Useful Life Study for Power Generation Assets
Learn about how economic useful life (EUL) studies can help power generation companies reassess previously established assumptions related to integrated power resource plans and other benefits of EUL studies
Wind Repower – 80/20 Analysis and Valuation
Learn about estimating fair market value of wind repower projects and presenting the 80/20 ratio as described in IRS Notice 2016-31

State and local tax insights

California: Solar Energy
California Senat Bill 267 clarifies that solar energy partnerships do not trigger change in ownership.

Infrastructure Investment and Jobs Act

Lack of Critical Minerals Prompts Increased Interest in U.S. Mining
June 13, 2022 | In this article, the authors provide an overview of the growing demand for critical minerals needed to make the batteries in electric vehicles and examines tax issues involving common funding structures for mineral interests. | Tax Notes Federal