CAP Leads Letter to Administration Urging Clean Energy Incentive Eligibility for U.S. Territories

The Center for American Progress coordinated a letter from civil society organizations to the administration, urging the Treasury Department to allow territories to fully access direct pay and transferability for clean energy tax credits.

Tackling Climate Change and Environmental Injustice, Clean Energy

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On January 9, the Center for American Progress, along with 60 civil society organizations, sent a letter to the U.S. Treasury, Energy, and Commerce departments regarding the U.S. territories’ eligibility to use direct pay and transferability to claim federal clean energy incentives. The letter requests that the Treasury Department and the IRS allow U.S. territories to access crucial investment-related tax credits, including incentives for energy storage, microgrids, low-income community bonuses, and more. These credits have particular importance and impact in the territories, which are particularly vulnerable to climate change and natural disasters, and would support economic recovery and the transition to a clean and resilient energy grid.

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