More than 45 solar developers, installers, investors and others from across New England interested in raising the profile of the solar energy industry, gathered at Rodman CPAs' "Solar Series After Hours Networking Night" at their Waltham, MA office.
More than 45 solar developers, installers, investors and others from across New England interested in raising the profile of the solar energy industry, gathered at Rodman CPAs' "Solar Series After Hours Networking Night" at their Waltham office.
Rodman CPAs' solar networking event was held on the heels of the Solar Massachusetts Renewable Target (SMART) program's official launch and brought together solar advocates from around New England. Brennan Molina of Northeast Clean Energy Council (NECEC), Boston Solar and ECA Solar were among the attendees.
Mark Vitello, CPA of Rodman CPAs' Green Team made opening remarks and shared an overview of solar accomplishments in Massachusetts. Vitello shared statistics from the Solar Energy Industries Association's (SEIA) Solar Fact Sheet.
The event was an opportunity for attendees to make valuable new connections, share ideas and discuss important topics such as the complexity of the SMART Program and the feasibility of ITC for developers, solar storage, structuring tax equity deals, tax modeling and more.
"We're in the sunset phase of the 30 percent Investment Tax Credit and the initial stages of the SMART program," explained Vitello. "Over the last five years, we've seen a significant decrease in price. But, as far as what the future holds, we'll be keeping a close eye on a number of factors, including continued trade negotiations and emerging technologies that go beyond solar installation on rooftops and in open fields. We intend to discuss these developments and more at our next Solar Roundtable session in the Spring."
Rodman CPAs' quarterly Solar Roundtable sessions will continue in Spring 2019. Those interested in attending or learning more should visit rodmancpa.com.
The Green Team
Renewable energy producers and businesses that pursue energy efficiency initiatives rely on Rodman CPAs to provide them with a sustainable financial roadmap through expert partnership/corporate structuring for optimal tax benefit; grant qualification assistance and auditing; ongoing advisory services for federal, state and local tax incentives; and specialized strategic financial planning and management. As green energy experts, Rodman CPAs are often guest speakers and panelists at renewable energy conferences and financial forums across the U.S.
Rodman CPAs' Green Team was on hand at Solar Power Northeast as well as Solar Power New York, fielding questions ranging from Investment Tax Credit qualification and eligibility to grant qualification assistance and current depreciation tax laws. They sponsored and attended Solar Energy Business of New England's (SEBANE) First Annual Summer Solstice Celebration, and also attended NECEC's Annual Green Tie Gala.
Rodman CPAs is a charter member of the Mass Solar Coalition, as well as a member of Northeast Sustainable Energy Association (NESEA), NECEC and Solar Energy Industries Association (SEIA).
About Rodman CPAs
Rodman CPAs provides tax advisory, accounting, and business strategy to small and mid-sized emerging and established businesses. Named one of the largest accounting firms in Massachusetts by the Boston Business Journal, Rodman CPAs offers an innovative and strategic approach with the personal touch of a smaller regional CPA firm. For more than 50 years, Rodman CPAs has been specializing in customized accounting and tax solutions that improve business performance, processes, financial operations, and information technology.
The firm serves as a true business partner, helping clients perform and succeed during each stage of the business lifecycle. As domain experts in alternative energy, the "Green Team" at Rodman CPAs works with renewable energy producers and businesses throughout the U.S. offering tax advisory, financial, accounting services, and Investment Tax Credit (ITC) studies.
Rodman CPAs is an independent member firm of BDO Alliance USA, which enables them to expand services to clients by accessing the resources of BDO USA, LLP and other Alliance members, ensuring greater flexibility, efficiency, and cost-effectiveness. For more information, visit http://www.rodmancpa.com or contact (617) 965-5959.