See how the IRA is Benefitting Tribal Communities
Now Indigenous Nations Can Profit Directly from Renewable Energy Systems
While privileged communities have been able to tap into extraordinary incentives and benefits associated with renewable energy, Indian Country has historically faced prohibitive barriers.
High system costs combined with the inability to make direct use of federal income tax credits and depreciation have limited both access and adoption. At the same time, Indian Country is frequently burdened by some of the highest power needs due to extremes of climate, disproportionate energy cost, less reliable utility supply, and limited financial resources.
What does this mean for you?
The newly passed Inflation Reduction Act offers exciting provisions that are particularly targeted at bridging these gaps and benefitting First Nations.
Now, Tribal Communities can take full advantage of renewable energy system benefits.
Using microgrids in particular, developments can increase both per square foot revenue and appraised value without increasing property tax basis, in addition to slashing energy costs, growing community employment and business opportunities, significantly increasing resiliency when utility supply falters, and contributing to sustainability and environmental stewardship.
Ready to start a conversation about the benefits of microgrids to your facility? Click the link below to get your facility analyzed.