In this episode of Making Billions, host Ryan Miller interviews Nate Bradshaw, COO of B•10 Energy, to discuss how high-net-worth investors can leverage renewable energy tax credits for substantial tax savings without the need to invest directly in renewable projects. Nate explains the basics of tax credits, especially renewable energy tax credits, which provide dollar-for-dollar reductions in tax liability. The Inflation Reduction Act of 2022 made these credits transferable, enabling investors to buy them on the open market rather than creating renewable energy projects themselves.
Nate illustrates how investors can now save on taxes by purchasing these credits at a discount, offsetting their tax bills by, for example, paying 90 cents for a dollar of tax credit. He highlights two types of tax credits available: Investment Tax Credits (ITCs) for up-front investments in renewable projects and Production Tax Credits (PTCs), which generate credits over time based on energy output. Nate predicts that the renewable energy tax credit market will grow, particularly with foreign and domestic investors alike increasingly seeing it as a profitable and impactful sector.
Ready to unlock substantial tax savings? Connect with B•10 Energy today to explore how renewable energy tax credits can reduce your tax liability and drive impactful, sustainable investments.
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