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New HR1 deadlines and IRS notices tighten rules for large solar and wind projects, presenters say
Summary
Lawyers for Good Government attorneys outlined HR1-driven changes to clean-energy tax credits, warning that solar projects above 1.5 MW and all wind projects must rely on physical construction tests to lock in eligibility and that timing and documentation matter to avoid losing credits.
Lawyers for Good Government attorneys told a webinar audience that recent changes under the budget reconciliation law commonly called HR1 shorten deadlines and narrow methods to secure clean-energy tax credits, with practical consequences for developers and tax-exempt elective-pay claimants.
AC Meyer, supervising tax attorney at Lawyers for Good Government, said elective pay allows states, local governments and nonprofits to receive direct IRS payments for eligible clean-energy tax credits. "Those credits themselves, they accounted for about 70% of the IRA's climate funding," Meyer said, stressing the size of the program and the need to preserve eligibility through careful timing and documentation.
Meyer summarized the key…
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