Having the energy to engineer a successful real estate transaction takes on new meaning for those paying attention to elements such as federal clean energy tax credits. The below linked article explains how New York has upcoming deadlines in place to help investors capture some of the millions of federal tax credit dollars by bidding in time for new projects.
Energy tax credits apply to solar, which impacts commercial and residential real estate. Some existing properties have acreage for solar farms and especially solar panels, which can positively impact consumer and business electric bills. Other related projects include those related to long-distance pipelines. Those can impact land use, along with contractors, builders, and architects.
Those focused only on properties only could easily miss opportunities such as these tax credits, which bring potential to make more real estate transactions happen because of the added benefits for the buyer and/or developer. The New York project has deadlines coming up during this 2nd quarter of 2026. An entity just learning of this would be very much pressed for time and might be able to come up with the most efficient proposal to make it happen. Meanwhile, entities which do their research and were aware of opportunities such as these with sufficient time to plan and raise funds could benefit substantially by having done so.
It is another example of when an opportunity leads to a potential transaction and a trip to the closing table. Research often leads to being “first in” on a major opportunity. My team and I perform research for residential and commercial real estate professionals and investors. A few hundred or a few thousand dollars well spent could help bring in millions!