Episode Details
Back to EpisodesPF! E26: Understanding Safe Harbor Programs
Description
With the July 4th deadline approaching, now is the time to review your safe harbor strategy. Safe harboring allows you to establish the beginning of construction and secure domestic content percentages without physically breaking ground on a project.
Planning ahead matters. Installers who do not safe harbor may face a harder time competing on projects after 2026 against companies that secured current tax credit benefits earlier. Understanding domestic content percentages, project thresholds, and qualification requirements now can help create more flexibility for the years ahead.
*We are not tax professionals. Consult your tax professional about safe harbor and other tax incentives.
00:50 Safe harbor overview and upcoming deadlines
02:05 What if you miss the deadline?
02:46 Understanding percentages and eligible expenditures
04:08 Demonstrating project construction start dates
06:14 How does the IRS define work of a significant nature?
08:24 Necessary documentation for safe harboring
09:17 Importance of interconnection and permitting
10:25 Key takeaways for solar installers to safe harbor projects