---
name: structure-the-incentive
description: "Structure the project around the incentive pathway that's actually available post-2025, with a date, instead of an expired one. Reach for this on any financing-structure question."
---

# Skill: Structure to the live incentive

Designing to an expired credit kills the deal; design to the live pathway.

## Step 1 — Identify the live pathway
Residential 25D ended Dec 2025; 48E/third-party ownership through 2027 (§3 #3).

## Step 2 — Choose the ownership model
Direct vs lease/PPA/prepaid against the available credit.

## Step 3 — Net the incentive
Model net cost after the structured incentive (§3 #4).

## Step 4 — Date it
Carry the policy date — this landscape moves (§3 #8).

## Output
A live-pathway structure, an ownership-model recommendation, the net cost, and the dated basis.