Perhaps the most impactful aspect of the recent tax reform law is the change to the treatment of governmental grants. Many cooperatives qualify for governmental grants in furtherance of their community benefits, such as electric, telephone, and broadband service and …
Energy Project Development
N-2018-15: New Clean Renewable Energy Bonds
Notice 2018-15 provides that the IRS shall not process applications for, or issue allocations of, the remaining unused authority to issue new clean renewable energy bonds under § 54C of the Internal Revenue Code (the Code) under Notice 2015-12, 2015-10 …
Georgia Passes Solar CUVA Bill
Georgia House Bill 238 authorizes the withdrawal of property from a conservation use covenant for purposes of developing a solar generation plant. Before the law was passed, subject to certain limited exceptions, properties under a conservation use covenant generally could …
New CREBs Aid Kansas G&T’s Prairie Sky Solar Farm
This article is reprinted from CFC Solutions News Bulletin (23 January 2017).
The 19 member distribution cooperatives of Kansas Electric Power Cooperative (KEPCo), a generation and transmission cooperative (G&T) based in Topeka, Kansas, will receive more green power—thanks in part …
Private sector partnerships help DoD meet goals for energy efficiency and renewable energy production
For the last two decades, federal agencies like the Department of Defense (DoD) have set mandates to reduce energy intensity, lower greenhouse gases and increase use of alternative energy sources. The Energy Independence and Security Act of 2007 (EISA) requires …
IRS Ruling Address Power Generation by REITs
Developers are constantly looking for ways to find capital for their energy development projects. They have solicited all sorts of capital, including banks, angel investors, private equity investors, private development bonds, and other sources. One other potential source of capital …
Guest Post: Electric Cooperative Partners with Lumber Company for Biomass Plant
Electric Cooperative Partners with Lumber Company for Biomass Plant
This blog post was provided by Flathead Electric Co-op.
Implementation of a Power Purchase Agreement (PPA) between Flathead Electric Co-op and F.H. Stoltze Land & Lumber Company will begin October 1…
Guest Post: Co-ops Receive $3.6M in Solar Funds
This guest post was obtained from CFC’s Solutions News Bulletin, Vol. 15, No. 40 (Oct. 28, 2013).
Co-ops Receive $3.6 Million in Solar Funds
Last week, the U.S. Department of Energy’s SunShot Initiative awarded $60 million to support solar energy …
IRS Revokes Potentially Beneficial Ruling for Renewable Energy Developers
A prior blog post discussed a private ruling by the service regarding the allocation of purchase price among the assets of a renewable energy developer. Attorney David R. Cook discussed the ruling in a webinar on PPA taxation and recommended …
AHC Attorney to Present on Energy Savings Performance Contracts
AHC attorney David Cook will speak at Facilities America 2012 on September 10 through 13, 2012, in Washington, D.C. He will address “Energy Savings Performance Contracting From the Owner’s Perspective.”
ESPCs are contracts through which contractors install energy-efficient equipment, implement …