Renewable Energy Investments and Credits
For governments, businesses, or nonprofits seeking financial incentives for renewable energy investments, understanding and utilizing available tax credits and funding mechanisms is essential.
Empower Your Green Goals
With a deep understanding of both fiscal and regulatory landscapes, MGO provides businesses, governments, and nonprofits with the strategic insights needed to capitalize on clean energy opportunities. Through our tailored approach, we can assist you to not only meet but exceed your green energy objectives.
Available tax credits enable entities that have no federal income tax liabilities to benefit from clean energy incentives. Taking advantage of these credits can advance your sustainability goals and improve your financial efficiency.
Our team is ready to help you harness the power of renewable energy with strategic financial insights and comprehensive compliance support. Discover how elective pay can assist in making renewable energy projects more affordable and accessible.
How We Support Your Goals
Unlock Clean Energy Tax Credits for Your Government or Nonprofit
For the first time, state and local governments and nonprofits that do not owe federal income taxes will be able to receive funds through elective pay — equal to the full value of the tax credits — for qualifying clean energy projects and activities. Elective pay enables government entities that have no federal income tax liabilities to benefit from clean energy tax credits. Taking advantage of these credits can advance your government or nonprofit’s sustainability goals and improve your financial efficiency.
MGO can guide you through this process, helping you understand how to access these benefits and comply with IRS guidelines. Elective pay is only effective for taxable years beginning after December 31, 2022 (i.e., for tax years ending no earlier than December 31, 2023).
