This credit is available to companies in all segments of the energy industry including Power Plants, Gas Storage Facilities, Pipelines, Gas Processing Plants and Gathering Systems that:
- Test new concepts or technology
- Employ or contract with engineers, scientists or other technical personnel
- Develop or improve production processes
Triton has the expertise to maximize this valuable and under utilized income tax credit:
- 12 years of R&D credit project experience
- Over 60 years combined energy industry experience
- 10% - 35% of capital construction costs of energy projects qualify
- $200M projects conservatively generated $1.5M-$4.5M in R&D tax credits
- Work with tax advisors & staff
- Provide feasibility studies at no charge
Industry Sector |
Recent Savings |
Gas exploration & development |
$450MM project generated >$8MM in tax credits |
Well re-fracturing |
$100MM well re-fracturing project generated >$4MM in tax credits |
Various public utility activities |
$600MM in various activities generated >$11MM in tax credits |
Pipeline E&C |
$200MM project generated >$1.2MM in tax credits |
Gathering & Processing |
$400MM project generated >$1.5MM in tax credits |
