Join us for a webinar from allied member Brayn Consulting!

• Thursday, August 22nd 12:00pm

• 1 AIA Learning Unit

• Free Webinar

Leverage the Inflation Reduction Act to Accelerate Sustainable Projects

COURSE DESCRIPTION

This course is designed for architects and their clients and will cover federal tax incentives for sustainable construction:

• Section 48 Renewable Energy Tax Credits,

• Section 179D Energy Efficient Commercial Building Deductions, and

• Section 45L Energy Efficient Residential Tax Credits.

The Inflation Reduction Act (IRA) provides new and expanded opportunities for these incentives to architects and their clients. This course will help architects leverage those opportunities to accelerate energy-efficient and renewable construction to help meet the AIA 2030 Commitment – making carbon neutral the design standard. 1LU

LEARNING OBJECTIVES

1. Analyzing the Impact of the Inflation Reduction Act (IRA) on 48 Energy Credits, 179D, and 45L:

• The changes brought about by the Inflation Reduction Act (IRA) to 179D, 45L, and 48 Energy Credits.

• Case studies with real examples of financial benefits.

• Guidance on the best strategies to leverage these incentives to accelerate energy-efficient and renewable construction.

2. Section 48 Renewable Energy Tax Credits:

• How multifamily, commercial, and even tax-exempt owners like schools, churches, tribal governments, and non-profits can use the incentive to help fund renewable and recoverable property.

• How the investment tax credit is calculated to pay for 30% to 70% of the renewable property cost.

• Learn how solar, geothermal, combined heat and power, and other technologies qualify for the credit and how transitions to the Section 48E Clean Energy Investment Tax Credit after 2024.

3. 179D Energy-Efficient Commercial Buildings Deduction:

How federal, state, local, and tribal governments, as well as tax-exempt building owners can allocate the tax incentive to architecture firms.

• Tax deductions are available to building owners for installing energy-efficient qualifying systems.

Deduction increases from $1.80/sf to $5.00/sf, and qualifications change over time.

4. 45L Energy Efficient Residential Credits:

• New energy-efficient requirements for multifamily developers and home builders to get a tax credit of $2,500 to $5,000 per unit or home.

• Expanded credit eligibility for multifamily and mixed-use developers.

• The requirements to meet DOE Energy Star and Zero Energy Ready Home (ZERH) programs.