Higher
education
The IRA delivers unique and timely tax credit opportunities for colleges and universities to improve and optimize capital assets. For the first time, institutions can obtain direct payment funding for qualifying clean energy or efficiency projects on campus. These tax credits can total as much as 50% or more of the qualifying project costs.
Colleges and universities may benefit from credits for facilities currently under construction, projects about to start construction or planned future construction. Enhance campus sustainability today.
Key considerations
Inflation Reduction Act
for higher education
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Manufacturing
Healthcare
Real estate
Public sector
Housing
Master planned communities
Manufacturers seeking tax credits through the IRA have numerous incentives available. Section 48C provides an investment tax credit for manufacturing expansion, while section 45X offers a production tax credit for domestically manufactured renewable energy components. Section 30D delivers federal tax credits for energy-efficient transportation investments and manufacturers sourcing domestic steel or iron can gain an advantage.
Additionally, those planning to expand or re-equip facilities, especially for renewable energy components, can benefit from significant credits. Certain eligible energy components may even earn a direct payment instead of a tax credit. Leveraging these opportunities helps manufacturers reduce their tax burden and lead in the clean energy transition, resulting in substantial financial benefits and a more sustainable future.
for manufacturing
Electric vehicles (EV)
charging stations
8
Energy efficient buildings
7
Electrochromic glass
6
Solar panels
5
Biomass collection facilities
4
Waste energy
recovery property
3
Combined heat and
power property
2
Ground or ground water to
thermal energy property
1
Commercial clean vehicles
9
Property used within the
renewable energy industry
10
Equipment that reduces
greenhouse gas emissions
11
Waste water treatment/
biogas property
13
Manufacturing energy
equipment/components
12
Ground or ground water to
thermal energy property
8
Waste energy
recovery property
7
Energy efficient buildings
6
Electronic vehicles (EV)
and EV charging stations
5
Electrochromic or
dynamic tinted glass
4
Solar panels
3
Combined heat and power
property (central utility plant)
2
Energy storage technology
(e.g., batteries)
1
Healthcare organizations are mission-critical, energy-intensive facilities that operate around the clock. To enhance resiliency and reduce energy costs, infrastructure upgrades are essential — but securing the necessary capital can be challenging. The IRA offers a solution.
The IRA is the largest energy incentive legislative effort in U.S. history, proving unique opportunities for the healthcare industry. For the first time, not-for-profit organizations can obtain tax credit funding through direct payments — for qualifying clean energy or efficiency projects. These tax credits can total as much as 50% or more of the qualifying project costs.
Hospitals and health systems, senior living facilities and other healthcare provider organizations throughout the country may benefit from credits for facilities currently under construction, projects about to start construction or planned future construction.
for healthcare
Energy storage technology
(e.g., batteries)
8
Electric vehicle (EV)
charging stations
7
Ground or ground water to
thermal energy property
6
Waste energy
recovery property
5
Energy efficient buildings
4
Electrochromic glass
3
Solar panels
2
Combined heat and
power property
1
The IRA provides unique opportunities for real estate developers and owners of all asset classes. For the first time, owners and developers can obtain tax credit funding through direct payments — for qualifying clean energy or efficiency projects. These tax credits can total as much as 50% or more of the qualifying project costs. Leveraging section 179D, 48, 30C, 45L, among others for qualified real estate projects can result in added credits and deductions that make funding your project easier.
Real estate developments currently under construction, projects about to start construction or planned future construction are prime candidates for taking advantage of the provisions.
for hotels, casinos and real estate
Ground or ground water to
thermal energy property
6
Electric vehicle (EV)
charging stations
5
Energy efficient commercial buildings and homes
4
Electrochromic glass
3
Solar panels and wind facilities
2
Combined heat and
power property
1
Maximize financial opportunities for your community through the IRA. The IRA is the largest energy incentive legislative effort in U.S. history and has created opportunities for public sector entities. Organizations can obtain tax credit funding through direct payments — for qualifying clean energy or efficiency projects. These tax credits can total as much as 50% or more of the qualifying project costs.
Public sector organizations can take advantage of credits for facilities being built, about to begin construction or planned for the future.
for public sector
Ground or ground water to
thermal energy property
6
Waste energy
recovery property
5
Energy storage technology
(e.g., batteries)
4
Electric vehicle (EV)
charging stations
3
Solar, wind and hydro
2
Combined heat and
power property
1
The IRA is the largest energy incentive legislative effort in U.S. history, providing unique opportunities for the housing industry. Housing projects, based on energy equipment and energy efficiency, may be eligible for a combination of federal credits, rebates or low-interest rate loans. Key provisions that may be available for a housing project could include home efficiency rebates, home electrification rebates, section 48 investment tax credit, 45L energy-efficiency tax credit and the Greenhouse Gas Reduction Fund.
for housing
Ground or ground water to
thermal energy property
6
Energy efficient buildings
5
Electric vehicle (EV)
charging stations
4
Electrochromic glass
3
Solar panels
2
Combined heat and
power property
1
The Inflation Reduction Act of 2022 (IRA) is the largest energy incentive legislative effort in U.S. history, providing unique opportunities for master planned communities. For the first time, owners and developers can obtain tax credit funding through direct payments — for qualifying clean energy or efficiency projects. These tax credits can total as much as 50% or more of the qualifying project costs.
Developers may benefit from credits for facilities within a master planned community that are currently under construction, projects about to start construction or planned future construction.
for master planned communities
Electric vehicle (EV)
charging stations
6
Energy storage technology
5
Microgrid controllers or interconnection property
4
Waste biomass to
energy property
3
Combined heat and
power property
2
Solar, wind and hydro
1
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6
5
4
3
2
1
8
7
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5
4
3
2
1
6
5
4
3
2
1
6
5
4
3
2
1
6
5
4
3
2
1
6
5
4
3
2
1
Higher Education
MAnufacturing
healthcare
real estate
Housing
Master Planned Communities
What types of
credits can apply?
What types of
credits can apply?
What types of
credits can apply?
What types of
credits can apply?
What types of
credits can apply?
What types of
credits can apply?
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Public Sector
What types of
credits can apply?
tribes
The IRA is a historic step towards a sustainable and equitable future for tribal and native communities. It empowers tribes to enhance energy access for their communities through clean energy projects. For the first time, tribes can obtain tax credit funding through direct payments — for qualifying clean energy or efficiency projects such as solar, wind and geothermal. These tax credits can total as much as 50% or more of the qualifying project costs.
for tribes
What types of
credits can apply?
Electric vehicle (EV)
charging stations
6
Energy storage technology
5
Microgrid controllers or interconnection property
4
Waste biomass to
energy property
3
Combined heat and
power property
2
Solar, wind and hydro
1
6
5
4
3
2
1
Tribes
for your industry (click to learn more)
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Interior lighting systems
7
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Ground or ground water
to thermal energy property
10
Solar panels
9
Interior lighting systems
8
Energy efficient commercial
buildings and homes
7
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7
10
9
8
7