Tax Relief And Opportunities
Through Renewable And
Reliable Assets

About Us

Clearsun Power is a vertically integrated firm that specializes in the investment, development and construction of tax incentivized assets which provide bonus depreciation and tax credits to our investors in addition to the assets’ production of income. Energy Storage Technology (EST) is property that receives energy, stores the energy and is capable of converting the stored energy directly into electricity on demand. The EST property that Clearsun develops consists of four key verticals: solar energy, hydrogen production, hydrogen storage, and fuel cell power.

 

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Who We Serve

Clearsun partners with tax professionals and wealth managers to place the energy storage assets we develop with their clients. We serve high-income earners, business owners, family offices, and trusts seeking meaningful federal tax benefits alongside economic returns from the clean energy transition.

 

 

Investment Benefits

$

cashflow

Income generation
from the project

Ongoing returns

100%

bonus depreciation

Deduction

26 U.S. Code §
168(k)

Year-one write-off
of qualified property

40%

tax credit

Credit

26 U.S.C. § 48
and § 48E

Direct reduction of
tax liability owed

FAQ’s

 

Clearsun Power offers renewable energy properties referred to as ENERGY STORAGE TECHNOLOGY (EST PROPERTY). EST property stores electric power, much like a battery, that may be used on demand by the client. EST Property consist of Solar, Electrolyzers, Storage Equipment and Fuel Cells.

  1. Tax Credit – 40% Tax Credit
    1. The Energy Credit under 26 USC 48E is a specific tax code provision which includes Energy Storage Technology property.  The purchase of an EST property is incentivized by an allocation of tax credits.  The Taxpayer may use the tax credits as a dollar-for-dollar credit against income tax owed.  The base tax credit rate is 30% for qualifying EST property.  Additional tax credits may be allocated if the Energy Property complies with other code provisions.  An additional 10% tax credit is allocated to the EST property cost basis if at least 40% of the total cost of equipment is attributable to “domestic content” meaning 40% of the material or equipment cost was produced or manufactured in the United States.
  2. Depreciation Deduction – 100% Bonus Depreciation
    1. Depreciation under 26 USC 168(k) is a method of cost recovery that applies to many types of property, including EST property.  When a Taxpayer purchases an EST property that is used in a trade or business, the Taxpayer may recover the cost basis of the property by taking a depreciation deduction against taxable income over a period of years.  The depreciation deduction reduces taxable income, which then lowers the Taxpayer’s income tax liability.
    2. When a depreciation deduction is taken, section 50(c )(3), requires that the cost basis of the EST property is reduced by 50% of the tax credit allocated meaning that a 40% tax credit would cause a reduction of the depreciable cost basis of the EST property by 20%.  The remaining 80% of cost basis is used as a depreciation deduction.

EST property generates income from equipment rental and the sale of electricity.

  1. Clearsun Power designs, develops and constructs EST property.
  2. An investor includes an Individual, LLC, Corporation, Trust, Estate or Foundation.
  3. The EST property is a trade or business activity which is sold to the investor.
  4. The property is financed with a cash down payment and a recourse purchase money note
  5. When an investor buys an EST property the investor reports the purchase on his tax return and is allocated a tax credit and is also able to depreciate the property.