FMEA Webinar: The Inflation Reduction Act & Florida Public Power Utilities

Webinar Overview

The Inflation Reduction Act of 2022 (IRA) was signed into law in August 2022. This legislation provides unique funding opportunities for public power organizations. For the first time, state and local governments, schools, public utilities and other tax-exempt entities can obtain tax credits through direct payments or tax credit transfers for qualifying clean energy projects, which could significantly reduce the local funding requirements.

These IRA tax credits for Qualifying Energy Property projects can total as much as 50% or more of the qualifying project costs. The amount of tax credits available under the IRA can be substantially increased if the project complies with certain bonus criteria, including prevailing wages and apprenticeship requirements.

Join FMEA and Baker Tilly on learning more about potential funding opportunities for public power utilities from the Inflation Reduction Act. The webinar is free to FMEA member utilities, but registration is required.

About the Speaker

Joel Laubenstein is a Principal and the Austin Market Leader for Baker Tilly US focused on Management Consulting, Financial Analysis and Business Strategies.

Baker Tilly specializes in accounting, audits and taxes. The combination of accountants and industry-specific professionals provides a unique and strategic perspective for their clients.