Clean Energy Tax Incentives: Elective Pay Eligible Tax Credits Table

The Inflation Reduction Act of 2022 (“IRA”) makes several clean energy tax credits available to businesses; tax-exempt organi- zations; state, local, and tribal governments; other entities; and individuals. The IRA also enables entities to take advantage of certain clean energy tax credits through its elective pay provision (also colloquially known as direct pay). Elective pay allows several types of entities, such as tax-exempts and governments, to treat the amount of certain credits as a payment against tax on their tax returns and as a result receive direct payments for certain clean energy tax credits.

Other Resources

Making Electric Vehicle Charging and Alternative Fueling the New Infrastructure Standard (CFI) Webinar Recording and Summary

This session featured Gabe Klein, Executive Director of the Joint Office of Energy and Transportation; Keith Benjamin, Associate Administrator for Highway Policy and External Affairs, Federal Highway Administration; Mayor Lauren McLean of Boise, ID; Mayor Andy Schor of Lansing, MI; Mayor Steve Patterson of Athens, OH and; Matt Stephens-Rich, Director of Technical Services for the Electrification Coalition who discussed what makes a competitive CFI application and how CFI funding fits within a city’s broader climate plan.

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Charging and Fueling Infrastructure (CFI)

The Bipartisan Infrastructure Law (BIL) established the new Charging and Fueling Infrastructure (CFI) Discretionary Grant Program, with $2.5 billion in appropriated over five years. Funding is available to strategically deploy EV charging and other alternative...

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