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INDUSTRY EXPERTISE

POWER, UTILITIES & RENEWABLES

SCOPE

Transforming the Power Landscape

The power, utilities and renewable industry is progressing towards a low-carbon future, with traditional fossil fuels being replaced by cost-competitive solar and wind power, integrating renewables, modernizing the grid, and developing new business models to manage distributed energy.
of Utilities Investing in Smart Grid Technologies
80 %
of Consumers Willing to Pay Premium for Renewable Energy
57 %
of Energy Executives See Renewables as Key to Profitability
88 %
Global Renewable Energy Market to Reach $2 Trillion+ by 2030
$ 2 T+

OUR EXPERTISE

Empowering the Shift
We provide a deep understanding of the complex financial structures and regulations involved. This includes tracking the generation, transmission, distribution, and sale of electricity, as well as the integration of renewable energy sources such as solar and wind power.
Optimizing Tax Credits for Renewable Energy Projects

Are you maximizing available tax credits for your renewable energy projects? With increasing federal and state incentives for renewable energy, including ITC and PTC, it’s essential to optimize these opportunities. We help you navigate tax laws to maximize available credits, ensuring that your investments in solar, wind, and other renewable energy projects qualify for the highest possible incentives. Our experts assist in structuring investments and compliance to capture these tax credits, lowering your effective project costs and improving overall return on investment.

Optimizing State & Local Taxation for Utility Providers

Are you fully optimizing state and local tax strategies for your utility business? Utilities face unique challenges when dealing with state and local taxation, including complex nexus rules, property tax assessments, and franchise tax. We help you identify tax incentives available at the state level and ensure compliance with local tax laws. By assessing your operations across jurisdictions, we uncover opportunities to minimize your overall state and local tax burden, while ensuring that you stay compliant with all local taxation rules.

Leveraging Research & Development (R&D) Tax Credits

Are you capitalizing on R&D tax credits to support your clean tech innovations? The power and renewables sector is increasingly focused on clean technology and energy-efficient solutions. We help you identify eligible R&D activities that qualify for federal and state tax credits, such as those related to developing new energy technologies, improving energy efficiency, or innovating green solutions. By claiming these credits, you can reduce your tax liability and reinvest those savings into the next phase of your technological innovations.

Driving Market Expansion

How can your business expand into new markets while navigating complex regulatory environments? We help Power, Utilities, and Renewables companies identify and pursue high-growth opportunities by crafting tailored market expansion strategies. Our expertise spans market entry, regulatory compliance, and forming strategic partnerships that create competitive advantages. We work closely with clients to assess market dynamics, de-risk ventures, and accelerate growth, ensuring long-term success in diverse global markets.

Delivering Capital Projects & Infrastructure Development

Is your organization managing capital-intensive infrastructure projects efficiently to meet energy demands? We guide Power, Utilities, and Renewables companies in delivering large-scale infrastructure projects from planning through execution. Whether it’s developing renewable energy assets, expanding grid capacity, or upgrading infrastructure, our project management expertise ensures timely delivery, within budget, and with minimal risk. We also help manage stakeholder relationships and secure financing to drive successful outcomes. Our goal is to help you meet energy demands and infrastructure needs in a cost-effective, sustainable manner.

Building Talent & Enabling Organizational Transformation

Is your workforce prepared to drive innovation and sustain long-term growth in a rapidly evolving industry? We help Power, Utilities, and Renewables organizations build agile, high-performance teams that foster innovation and respond effectively to market changes. Our services include leadership development, workforce optimization, and organizational redesign to align talent strategies with business objectives. We also work with clients to instill a culture of innovation and continuous improvement, ensuring your team has the capabilities to lead in the energy sector’s future.

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TAILORED SERVICES

Services Designed for You

We offer personalized solutions to maximize refunds and minimize liabilities by assessing your financial situation, ensuring compliance with tax regulations, and providing ongoing support for effective tax planning.

Sustainable Tax Practices

Learn how sustainable tax practices benefit businesses by promoting environmental responsibility and offering tax advantages.

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Trending Insights

ADDITIONAL INSIGHTS

Technology, Corporate Tax

Resources

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