Energy and Low-Income Community Tax Credits: Update Post-IRA, Impact from Consolidated Clean Energy Act
Note: CPE credit is not offered on this program
A live 90-minute premium CLE video webinar with interactive Q&A
This CLE webinar will provide an updated review of key IRS guidance and statutes affecting energy tax credits under the Inflation Reduction Act (IRA) and the Consolidated Clean Energy Act of 2025 (One Big Beautiful Bill Act). The panel will review IRS Notice 2025-31, focusing on revised eligibility for the Energy Community Bonus Credit, updates to census tract and statistical area designations, and recent legislative changes that expand the Section 48C credit and make the Low-Income Communities Bonus Credit permanent.
Outline
- Overview of federal energy tax credits
- Energy community bonus credit
- Notice 2025-31 and superseded guidance
- Qualifying areas: brownfields, statistical areas, coal mine/coal plant closures
- Prevailing wage and apprenticeship rules, safe harbor rules, penalties
- FEOC risks and in-service deadlines
- Low-Income Communities Bonus Credit
- Qualifying for the credit
- Prioritization, allocation, and capacity limitations
- Criteria: residential buildings, Indian land, public housing
- Section 48C advanced energy project credit
- The §48C program and application process
- Updates since IRA
- Expanded eligible projects
- Project timing and transition risk after OBBBA
- Best practices
Benefits
The panel will discuss these and other key issues:
- Overview of energy tax credits under current tax law
- What constitutes an energy community, and what nuances apply with respect to determining if your facility is considered located within one?
- Does a taxpayer need any supporting documents in order to claim the Energy Community Bonus Credit?
- What is the effect of the recent IRS Notices?
- How did the Consolidated Clean Energy Act affect these credits?
- Review of the expanded projects and revised timelines
- Best practices for counsel
Faculty
Gabrielle Jacques
Senior Counsel
Norton Rose Fulbright
Ms. Jacques is a Senior Associate in Norton Rose Fulbright's New York office. Her practice is focused on... | Read More
Ms. Jacques is a Senior Associate in Norton Rose Fulbright's New York office. Her practice is focused on federal income tax law, with particular emphasis on renewable energy transactions.
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Harriet Amelia Wessel
Senior Associate
Norton Rose Fulbright
Ms. Wessel is a Senior Associate in Norton Rose Fulbright's Houston office. Her practice focuses on... | Read More
Ms. Wessel is a Senior Associate in Norton Rose Fulbright's Houston office. Her practice focuses on federal and state income tax matters, including domestic and cross-border mergers and acquisitions, federal and international tax planning, renewable energy investment transactions and energy tax credits. Ms. Wessel also has significant experience representing clients in all aspects of federal and state tax controversies. Most recently, she has been advising clients on the impact of the Inflation Reduction Act of 2022.
CloseEarly Discount (through 09/19/25)
