San Francisco, Calif. (PRWEB) March 19, 2012
The Renewable Energy Tax Credit (RETC) program has become a powerful vehicle for moving projects from idea to reality; even with the expiration of the Section 1603 grant program, renewable energy projects are a sound investment, often offering better returns than other tax credit projects. As our nation’s need for renewable energy grows, so too does the demand for the credits. The question facing the renewable energy industry is: can the current economic environment support that demand?
That and other issues of concern for renewable energy professionals will be addressed on May 3 and 4 when RETC practitioners gather at Novogradac & Company LLP’s Financing Renewable Energy Tax Credit Conference in San Francisco to examine the market forces driving project development. On hand at the gathering at the Hyatt Regency Fisherman’s Wharf and lending a Capitol Hill perspective will be Sen. Maria Cantwell, D-Wash., a member of the Senate Energy Committee and a steadfast supporter of clean, innovative solutions to our nation’s energy needs.
“As a sponsor of multiple pieces of major tax credit legislation calling for the extension of new markets, renewable energy and low-income housing tax credits, Sen. Cantwell is sure to offer conference attendees valuable insight, and I’m delighted that she is able to join us,” says Stephen Tracy, conference chair and partner in Novogradac & Company’s San Francisco office. “In addition to hearing Sen. Cantwell, attendees can look forward to networking with several high-level practitioners, learning of new opportunities and gaining real-world insight that will enable them to resolve real-world industry issues.”
As always, attendees can look forward to the event’s heavy-hitting Washington Report, a session in which those in the know will address relevant public policy as well as passed and pending legislation. Among the many topics to be looked at in detail are market dynamics as the industry transitions from the Section 1603 grant program to investment tax credits (ITCs), the latest in residential, commercial distributed generation (DG) and utility scale solar markets, and a host of investor-related issues, including underwriting criteria, tax equity structures, tax appetite, investment yields versus alternative investments and more.
Participants will be given ample opportunity to network and are encouraged to mix and mingle with colleagues and speakers during the many breaks between sessions and at the reception held Thursday evening from 5 p.m. to 6:30 p.m. The two-day event is worth 8.5 CPE credits.
For those wanting to learn more, a one-day pre-conference workshop: Principles of RETCs will be held May 2. This course is ideal for industry newcomers as well as those looking for a refresher course. Registration is separate and optional. Additional fees apply.
The Financing Renewable Energy Conference is co-hosted by Chadbourne & Parke LLP, Nixon Peabody LLP and SNR Denton. Sponsors include Akin Gump Strauss Hauer & Feld LLP, Ballard Spahr, Baker & McKenzie, enerG Alternative Sources Magazine and US Bank.
Conference details and the complete conference agenda can be found at http://www.novoco.com/events/retc/san_francisco/2012/agenda.pdf.
Novogradac & Company LLP, a national certified public accounting and consulting firm headquartered in San Francisco, Calif., is consistently named by Accounting Today and Inside Public Accounting as one of the top 50 accounting firms in the country. Inside Public Accounting also named the firm as one of the 25 best managed accounting firms in 2010 and the San Francisco Business Times has recognized it as one of only five companies that for five consecutive years has made its list of the Fastest Growing Companies in the Bay Area.
Novogradac & Company LLP has its headquarters in San Francisco, Calif., with offices in metro Atlanta, Ga., Washington, D.C., Detroit, Mich. and Kansas City, Mo., as well as in Austin, Texas; Boston, Mass.; Dover, Columbus and Cleveland, Ohio; Portland, Ore.; New York, N.Y.; Long Beach, Calif.; and, soon, Bellevue, Wash. The firm maintains clients in a broad range of industries with major emphasis in the real estate sector, providing publicly and privately held national and multinational enterprises with a full spectrum of audit, tax, valuation, trust and litigation support, computer consulting and general consulting services.
For more information about Novogradac & Company LLP’s Financing Renewable Energy Conference, contact Jane Bowar Zastrow at 415.356.8034, or email