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Renewable Energy Tax Credits Service
As the leading provider of RETC’s, we`ve created a simple and safe way to use these credits in your financial strategy.
What are renewable energy tax credits (RETC`s)?
As of now, there are two groups that can truly use RETC`s to offset tax liability.
C CorpsThis group has the easiest time reducing tax liability, as typically all income qualifies.
Any Individual With Passive Income- Ordinary income flowing through on form K-1.
- Income from a business entity, such as a joint venture, sole proprietorship, or disregarded entity, where the individual is not actively involved in operations and the income is passive in nature.
- Any business interest that isn`t active, such as passive lending or trading activities reported on a Schedule C tax form, with minimal involvement of a few hours a week.
A Simple and Safe Way to Purchase RETC`s
We go above and beyond to make sure that the credits you purchase are legitimate and safe.
Risk MitigationThrough our compliance measures and SPV ownership structure, we are able to mitigate major risk factors within the transaction.
Credits Are LegitimateCredits have not been previously sold or transferred.
Professional Oversight On ProjectsProfessional oversight will ensure compliance and maximize benefits.
B•10 Energy has developed a simple method to safely and securely purchase renewable energy tax credits
Step 1: Origination and Agreement
- B•10 Energy originates the credits.
- Parties sign a purchase/sale agreement for the credits.
- The buyer pays the credit price over 10 weeks.
- B•10 Energy provides due diligence, transaction structuring, and transfer guarantees.
- Credits are transferred from B•10 Energy to the buyer per IRS requirements through filing both tax returns (B•10 and buyer).