Elective pay, also commonly referred to as “direct pay,” is a new mechanism included in the Inflation Reduction Act (IRA) that enables certain tax-exempt entities to receive direct cash payments from the IRS in the amount of an energy tax credit.

CEBN provides a summary of key details from the IRS updated guidance on eligibility requirements for energy communities for the bonus credit program under the Inflation Reduction Act.

CEBN provides a summary of key details of the new domestic content requirements for the IRA’s bonus tax credits and their significance towards boosting the American clean energy manufacturing industry. 

Learn about labor and apprenticeship requirements for bonus tax credits for clean energy that are coming out of the Inflation Reduction Act.

CEBN is publishing answers to frequently asked questions on the Inflation Reduction Act (IRA) to help clarify how its programs can benefit you, your community, and your small business or organization – and, as a result, benefit our economy and our climate.

This post will be updated periodically, so keep it bookmarked!

After nearly two years of negotiations, Congress has reached agreement on climate and clean energy provisions within a budget reconciliation package. CEBN has summarized five things to know about the bill relating to energy and climate.