45Q 45V Tax Credit Consulting
45Q and 45V Tax Credit Consulting & Verification
Claim your 45Q or 45V credits with confidence. ECG provides expert support for carbon capture and clean hydrogen project compliance and verification.
Federal tax credits 45Q and 45V offer powerful financial incentives for companies investing in decarbonization technologies. ECG provides expert consulting and verification services to help your business unlock the full potential of these credits, guiding you through project design, regulatory compliance, and verification to maximize your return.
What are 45Q and 45V Tax Credits?
- 45Q Tax Credit: Provides significant tax credits for capturing and sequestering carbon dioxide (CO₂). It incentivizes Carbon Capture, Utilization, and Storage (CCUS) technologies at industrial facilities and power plants, as well as from direct air capture (DAC).
- 45V Tax Credit: Offers tax credits for the production of clean hydrogen. It rewards producers who utilize low-carbon intensity processes, such as electrolysis powered by renewable energy.
Our 45Q & 45V Consulting Services
We help you design and execute projects that meet all standards for these valuable tax incentives.
- Carbon Capture (CCUS) Consulting (45Q): ECG offers expert guidance on implementing CCUS technologies, from project design and technology selection to securing 45Q tax credits.
- Clean Hydrogen Consulting (45V): We support your business in adopting clean hydrogen production methods, identifying qualifying technologies and ensuring you comply with 45V regulations and carbon intensity standards.
- Regulatory Compliance & Reporting: We help you navigate the complex IRS reporting requirements for both 45Q and 45V, developing internal tracking systems and preparing all necessary documentation.
- Tax Incentive Optimization: Our team works with you to calculate eligible credits and structure deals that align with federal and state programs, ensuring you receive the full financial value of your sustainability efforts.
Our 45Q & 45V Verification Services
Credible, third-party verification is essential for claiming these tax credits.
- Carbon Capture Verification (45Q): ECG independently verifies that your carbon capture and storage projects meet all 45Q compliance thresholds, confirming secure CO₂ sequestration through rigorous audits.
- Hydrogen Production Verification (45V): We provide third-party verification for your clean hydrogen production processes, certifying your carbon intensity levels and supplying the verified reports you need to support your 45V tax credit applications.
Our Four-Step Process
We streamline the entire journey to securing 45Q and 45V tax credits:
- Assessment and Scoping: We identify your opportunities and define the project scope.
- Data Collection and Feasibility: We gather technical data and conduct feasibility and economic assessments.
- Compliance and Documentation: We prepare IRS-compliant reports and develop monitoring systems.
- Verification and Audits: We facilitate third-party audits and ensure ongoing compliance.