Thanks to the Inflation Reduction Act’s “direct pay” provisions, tax-exempt and governmental entities will, for the first time, be able to receive a payment equal to the full value of tax credits for building qualifying clean energy projects. This explainer details who is eligible for direct pay and its benefits.
Date
August 16, 2024
Authors
Decarb Topics
- Funding and Financing
- Inflation Reduction Act (IRA)
Resource Type
- Brief