IRA Tax Credits
Case Studies
As the first green tax firm, we help our clients achieve federal tax incentives aimed at making energy efficient investment as economically viable as possible. We know how to apply the tax law to make building energy efficiency even more profitable.
IRA Tax Credit Success Stories
Geothermal Projects
Schools, Universities, and Municipalities claim direct pay IRA Tax Credits under Section 48 for geothermal heat pump projects. HVAC distribution equipment qualifies as well.
Psychiatric Hospital
Geothermal Project
$40M Project Investment
30% IRA Tax Credit
$12M Direct Payment
Northwest School District
Geothermal Project
$19.9M Project Investment
40% IRA Tax Credit
$7.97M Direct Payment
Midwest Transit Authority
Geothermal Project
$5.9M Project Investment
40% IRA Tax Credit
$2.3M Direct Payment
Iowa School District
Geothermal Project
$3.4M Project Investment
25% IRA Tax Credit
$870,000 Direct Payment
Thermal Storage & CHP Projects
Non-profits and government agencies claim direct pay IRA Tax Credits under Section 48 for thermal storage and combined heat and power projects.
Hospital
Thermal Storage & Solar
$12.2M Project Investment
40% IRA Tax Credit
$4.8M Direct Payment
Hospital
Combined Heat & Power
$9.6M Project Investment
30% IRA Tax Credit
$2.8M Direct Payment
High School
Thermal Storage
$3.6M Project Investment
40% IRA Tax Credit
$1.4M Direct Payment
Town Hall
Thermal Storage
$3.2M Project Investment
30% IRA Tax Credit
$960,000 Direct Payment
County Hospital
Thermal Storage
$1.3M Project Investment
40% IRA Tax Credit
$520,000 Direct Payment
Solar Projects
Non-profits and government agencies claim direct pay IRA Tax Credits under Section 48 for solar project installs.
K-12 School District
Solar Canopies
$6M Project Investment
30% IRA Tax Credit
$560,000 Direct Payment
Local Government
Solar Arrays
$7.5M Project Investment
30% IRA Tax Credit
$2.25M Direct Payment
State Museum
Solar Canopies
$12.5M Project Investment
30% IRA Tax Credit
$3.79M Direct Payment
Community College
Solar Arrays
$2.2M Project Investment
30% IRA Tax Credit
$660,000 Direct Payment
Parks & Recreation District
Solar Arrays
$1.4M Project Investment
40% IRA Tax Credit
$660,000 Direct Payment
EV Charging Projects
Non-profits and government agencies claim direct pay IRA Tax Credits under Section 48 electric vehicle charging station projects.
ESCO Service Center
EV Chargers
$4M Project Investment
30% IRA Tax Credit
$1.2M Direct Payment
Local Government
EV Chargers
$1M Project Investment
40% IRA Tax Credit
$400,000 Direct Payment
Local Government
EV Chargers
$450,000 Project Investment
30% IRA Tax Credit
$135,000 Direct Payment
Our proof is in the pudding savings. See for yourself how you can save
thousands of dollars with our decades of tax incentive expertise. The pudding is on us.
Speak With One of Our Tax Experts
Charles R. Goulding
President
Charles R. Goulding is an Attorney/CPA, President and founder of Energy Tax Savers/R&D Tax Savers, two divisions of a national tax consulting firm. Previously, he was a Managing Director at Cooper Industries Inc. (now Eaton) in Houston, Texas. Before joining Cooper, Mr. Goulding was a vice president of Dover Corporation, an eight billion dollar sales NYSE diversified industrial manufacturer. At both companies, Mr. Goulding created and administered company-wide R&D Tax Credit programs. These programs encompassed both domestic and international business operations and have helped generate over $600 million in tax savings for their respective firms. Mr. Goulding has been at the forefront of R&D Tax Credit work since the credit’s inception in 1981.
Mr. Goulding has a law degree from Brooklyn Law School (Juris Doctor) and an MBA from Adelphi University. Mr. Goulding also participated in Pace University’s Doctor of Business Administration Program. His undergraduate degree is from the State University of New York at Stony Brook where he was a double major in Political Science and Economics. He spent his junior year abroad at the University of Copenhagen, Denmark.
Mr. Goulding is a former President of the New York Chapter of the Tax Executives Institute and also participated in Pace University’s Doctor of Business Administration Program. He has served as the co-chairman of the Taxation of Mergers and Acquisition conferences in Chicago, Houston, New York City, San Francisco and Paris, France. He recently chaired New York’s Solar Investment Conference.
He has authored over 800 articles for numerous tax publications including International Business, International Tax Journal, Euromoney, Taxation for Accountants, The Practical Accountant, The CPA Journal, and Corporate Business Taxation Monthly.
Mr. Goulding successfully litigated the Dover Corporation case in U.S. Tax Court (the first check the box case) and the Pulsar International case on reasonable compensation. He is also the Mayor of the Village of Oyster Bay Cove, New York