October 11 at 2pm: Understanding Direct Pay: Learnings & Best Practices

October 11, 2024 | 2:00 PM EDT

Virtual

The Inflation Reduction Act (IRA) introduced and expanded tax credits for clean energy technologies. Direct Pay, or Elective Pay, is a new provision created by the IRA that makes federal clean energy tax credits available to tax-exempt entities such as Tribal governments, states, local governments, non-profits and others for the first time. If they meet the requirements for both direct pay and the underlying tax credit, these organizations can receive payment equal to the full value tax credits for building qualifying clean energy projects providing further incentives to, as the White House put it, take “an active role in building the clean energy economy, lowering costs for working families, and advancing environmental justice.”

Speakers:

• Ronald Newman, Senior Advisor, Inflation Reduction Act Implementation, U.S. Department of the Treasury

• Andreas Karelas, Executive Director, RE-volv

• Cami Thompson, Director of Finance, RE-Volv

• Tracy Ward, Executive Staff, Self-Help Register Here