While there’s a broad government mandate for cleantech to contribute to US economic development, public policy is neither predictable nor stable. This causes tax incentives and other forms of energy policy to change frequently, challenging businesses that do not have the expertise or bandwidth to keep abreast of the ever-changing political landscape.
Why it’s important for your business
For renewable energy and some other forms of cleantech investment, tax benefits and other public incentives can represent 30% to 50% of the total mix of available investment funds.
Appropriate planning is needed to take advantage of public incentives, which can help cleantech companies complete financing transactions and accelerate commercialization, while the "windows" of opportunity are open.
How PwC can help
PwC utilizes a strategic approach to helping our clients deal with tax and structured finance, enabling them to leverage public incentives like loan guarantees, grants, and rebates while being tax efficient. Because incentives are often only available for a relatively brief period of time, companies need an advisor to help them act quickly in order to exploit opportunities.
Cleantech Perspectives - Tax incentives for renewables investments: Where the market is heading in the post-cash grant era
Tax Incentives for Renewables Investments - Where the Market is Heading in the Post-Cash Grant Era
Cleantech Perspectives - "Tax extenders": What the cleantech community should watch for
"Tax extenders" - What the cleantech community should watch for
Cleantech Perspectives - "Fiscal cliff" legislation extends production tax credit, but sequestration hits section 1603 grants
"Fiscal cliff" legislation extends production tax credit, but sequestration hits section 1603 grants