How governments and other tax-exempts can use federal tax credits to fund projects

In this webcast, panelists discuss potential approaches to receiving funding through direct-pay elections of federal tax credits such as Section 48E and others.

Through the IRS elective-pay option, otherwise known as “direct pay,” government entities and tax-exempt organizations can use certain clean energy investment and production credits to fund their clean energy projects. These credits, however, are only available for a limited time, and certain requirements must be met to qualify.

Join our panel of experienced tax professionals as we discuss potential approaches to receiving funding through direct-pay elections of federal tax credits such as Section 48E and others. Topics to be discussed include:

• Beyond the One Big Beautiful Bill Act: continuing momentum for IRA sustainability options
• Common misconceptions and pitfalls
• Leading practices
• Monetizing credits through the IRS’s direct-pay process

Learning objectives:

Identify eligibility requirements, common pitfalls and how to monetize credits through the IRS direct-pay option.

Panelists

• Jessica Craw, Credits and Incentives Practice, Ernst & Young LLP
• Martin Gambichler, Credits and Incentives Practice, Ernst & Young LLP

Moderator

• Matt Kelley, Government and Public Sector Indirect Tax Leader, Ernst & Young LLP

EY webcast managed and produced by Ernst & Young LLP’s Tax Technical Knowledge Services Group, Washington, DC: Lynn Fairfax.