Utility can deduct contributions to wildfire fund
Payments into a state fund to pay for wildfire damage can be amortized for US tax purposes over 15 years, the IRS said.
Read MorePosted in Power Infrastructure Publication
Payments into a state fund to pay for wildfire damage can be amortized for US tax purposes over 15 years, the IRS said.
Read MorePosted in Power Infrastructure Publication
A group talked in late July about what effect the PG&E bankruptcy has had on the ability to finance renewable energy projects in California and more.
Read MorePosted in Power Infrastructure Publication
This update describes the effect of the updated proposed regulations on transactions related to property leased to regulated utilities.
Read MorePosted in Power Renewable energy Solar Wind Blog article
The Internal Revenue Service reaffirmed in June that utilities do not have to report most payments from independent generators to reimburse for the cost of grid improvements as taxable income...
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The Internal Revenue released new guidelines in July that should let some independent power companies get back “tax grossups” that utilities required them to pay in connection with “network upgrade ...
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