The Inflation Reduction Act provides tax incentives for the production of and investment in clean energy through a tax credit monetization called elective pay, also known as “direct pay.” For the first time, these clean energy tax benefits are available to entities that have been historically excluded from claiming them—such as state and local governments, nonprofit organizations, and other tax-exempt entities like schools, hospitals, places of worship, and many more.
This virtual briefing is designed to help municipal officials better understand how to use direct pay to claim federal clean energy incentives. The webinar will provide insight into navigating domestic content requirements, labor standards, project documentation, bonus credits, and more.