pv magazine Webinar | Is your company capturing the 2020 safe harbor?

Initiative partner: Clean Energy Associates

Now is the time to make sure your current or potential solar project can capture the current 26% solar investment tax credit (ITC). Unless Congress and the administration intercede, the solar ITC will step down to 22% on January 1, 2021, potentially adding millions of dollars in expenses that would otherwise be nonexistent. If you’re going to build a $100,000,000 project and bring it online before the end of 2023, capturing the 2020 safe harbor brings $4 million to your bottom line.

In this pv magazine Webinar, we will discuss with Paul Wormser of CEA and Elias Hinckley of K&L Gates the IRS’ Safe Harbor Provision for Solar Energy Projects and how to take advantage of it. The presenters will also cover the “5% rule” and how minimal upfront investment can qualify a project for the full 26% ITC and maximize savings. In addition, the presentation will provide comprehensive coverage of both the Continuous Construction clause and Independent Safe Harbor Verification, two other critical aspects of ensuring your project qualifies for the full 2020 ITC.

pv magazine Webinar content:
• Outlining how qualifying for safe harbor is complex, time-sensitive and potentially lucrative if properly claimed
• Understanding the different ways to qualify for safe harbor
• How to ensure that your qualification meets the verifications standards of the IRS
• Q&A

Questions can be submitted beforehand or during the webinar through a chat window. Tim Sylvia from pv magazine USA will be the moderator of this webinar.

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This webinar was recorded on 23 September 2020.