RESOURCES: ALTERNATIVE ENERGY
accounting & consulting services


Target Audience Companies in the alternative energy and clean technology industry sector including: electric, smart grid, water management, renewable energy alternatives, solar, PV solar, bio fuels, wind, oil, gas, coal and nuclear.

Here at Feeley & Driscoll our experts will equip your company with the resources necessary to be successful in the clean technology industry. As a result of working with F&D, companies transform into financially sound, top contenders to receive both federal and state funding. We provide you with the most up to date definitions, terminology and issues that affect your alternative energy company.

discover how an audit can unveil energy credits for your company


Contact Feeley & Driscoll’s Boston accountants and consultants for more information about how we can help you through the overhaul of the energy industry. Email us or call us at 1 (888) 875-9770.

Quick Facts

  • The Sustainable Energy Economic Development Initiative was developed by the Massachusetts Technology Collaborative. Since 2004, the Massachusetts Renewable Energy Trust has invested over $4.9 million in Massachusetts-based renewable energy companies through the SEED Initiative.
  • Renewable energy certificates are a tool for implementing Renewable Portfolio Standards in Massachusetts. Each megawatt-hour (MWh) of clean energy produced is allocated one REC.
  • Governor Patrick has a goal of having 2,000 megawatts of wind power capacity installed in the Commonwealth by 2020.
  • Most utility companies will provide a free energy audit, as well as recommend improvements and ways to reduce costs.

These resources assist in answering our most frequently asked questions by companies seeking renewable energy funding both federally and throughout New England.

Federal

  • Energy-Efficient Commercial Buildings Tax Deduction
    • $1.80 per square foot on new or existing buildings.
  • U.S. Department of Treasury – Renewable Energy Grants
    • Grants for eligible renewable energy property.
  • U.S. Department of Energy – Loan Guarantee Program
    • Program offers over $10 billion in loan guarantees.
  • Business Energy Investment Tax Credit
    • Tax credits for fuel cells and wind turbines, up to 30%.

Massachusetts

  • Excise Tax Deduction for Solar or Wind-Powered Systems
    • 100% deduction for expenditure paid or incurred from installation.
  • New Generation Energy – Community Solar Lending Program
    • Maximum $100,000 low interest bearing loan.
  • Renewable Energy Property Tax Exemption
    • Value of improvement excluded from property tax assessment.
  • Commonwealth Wind Incentive Program
    • Maximum $40,000 rebate for implementation of renewable-energy projects.
    • Grants or loans for the development of commercial wind projects.
  • NSTAR Business Solutions Program
    • Rebates for a variety of energy efficient retrofit projects.
  • Corporate Tax Deduction
    • Purchase of solar or wind energy systems.
  • Sustainable Energy Economic Development Initiative
    • Awards of up to $500,000 for early stage development of clean energy producers.

related links

Hi-tech, Biotech, Clean Tech & Life Sciences
Alternative Energy & Clean Technology Companies
Industries
Services
Construction
Accounting & Auditing
Architects & Engineers
Professional Service Firms
Manufacturers & Distributors
Emerging Growth
Technology & Life Sciences

Contact Us

First Name:
Last Name:
Company:
Address:
City:
State: Zip:
Phone:
Email:
Your Question / Comments:

Call Us

Call 888-875-9770 RI, NH, MA Accounting Consulting Firm

RESOURCES & links

Database of State Incentives for Renewables & Efficiency - Search by state to learn more about federal and state incentives and policies to promote renewable energy efficiency.

DOE Energy Efficiency and Renewable Energy Network (EREN) - Stay up to date with US Department of Energy (DOE) renewable energy news and programs by book marking this site.

DOE Inventions & Innovation Program (I&I) - For individual or small businesses developing an energy-saving invention.

DOE Industrial Technologies Program - Supports the use of today's advanced technologies and energy management best practices.

EPA Climate Protection Division (CPD) - Works to reduce emissions of the greenhouse gases by promoting greater use of energy efficient, cost-effective technologies.

EPA Office of Air Quality Planning and Standards - The Environmental Protection Agency's list of air quality standards.

EPA-DOE Energy Star Program - The US Department of Energy and the US Environmental Protection Agency team up for efficient building practices.

Federal Energy Management Program (FEMP) - Facilitates the Federal Government's implementation of energy management and investment practices to enhance the nation's energy security and environmental stewardship.