This is possible through what is known as direct pay, where public schools and other tax-exempt entities can get reimbursed up to 50 percent for the cost of clean energy projects once
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Known as the ”direct pay″ provision in the Inflation Reduction Act, the program allows tax-exempt entities like schools to receive tax-free cash payment for qualifying projects for the tax year
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By lowering energy costs and increasing the supply of clean electricity to the grid, solar has transformed how schools nationwide consume energy. Through the Clean Electricity Investment
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Under the Inflation Reduction Act (IRA), tax-exempt entities like public schools became eligible for direct pay (also known as elective pay) for certain clean energy tax credits.
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Through Elective Pay, school districts can access federal energy tax credits to defray the cost of highly-efficient, modern energy technologies. These upgrades can help districts reduce operating costs and
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These credits provide reimbursements for completed school-based projects, including solar energy, energy storage, ground-source heat pumps, electric school buses, and electric vehicle
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Through the Investment Tax Credit, schools can receive a payment ranging up to 70% of the cost to purchase and install a solar energy system and up to 50% of project costs for battery storage or
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Learn how schools can use energy tax incentives to cut costs, improve buildings and reinvest in their communities.
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Deploys solar + energy storage on all or most schools in the State. Reduces school operating costs, creating resources for teachers and students. Secures IRA tax credits to fund 30%, 50%, or more of
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Through elective pay, also known as “direct pay,” school districts can claim certain clean energy tax credits and receive funds directly from the IRS for their qualifying projects or investments.
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