The Inflation Reduction Act created unprecedented opportunities for state and local governments to monetize clean energy tax incentives through Direct Pay (Elective Pay). Governmental entities can receive cash refunds from the IRS for qualifying renewable energy and clean energy investments, despite having no federal income tax liability. This session will provide a practical overview of the renewable energy credits available to public sector entities, eligibility requirements, registration and filing considerations, prevailing wage and apprenticeship requirements, and strategies to maximize available incentives. Attendees will gain insight into how municipalities, counties, public utilities, school districts, and other governmental organizations can incorporate Direct Pay opportunities into capital planning and infrastructure investment decisions.

Presenters

Danielle Bradley, Director, National Tax Growth & Market Development

CPE CREDITS

Program Description Turning Energy Tax Credits into Cash: Direct Pay Opportunities for State and Local Governments

Important Notice Regarding CPE:

*Attendees must be registered individually and click on periodic participation markers throughout the webinar to receive CPE credit.

Learning Objectives
  • Identify renewable and clean energy tax credits available to state and local governments.
  • Understand Direct Pay eligibility, registration, and compliance requirements.
  • Evaluate opportunities and risks when pursuing energy projects that qualify for refundable federal incentives.
Instruction Delivery Method Group Internet Based
Recommended CPE Credit 1.2 Credits
Recommended Field of Study Taxes
Prerequisites None
Program Level Basic
Advance Preparation None
Cancellation Policy You may cancel your registration at any time prior to the event.
Complaint Resolution Policy For more information regarding refund, concerns and program cancellation policies, please contact our offices at [email protected].

CBIZ, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org. In accordance with the National Registry of CPE Sponsors, CPE credits will be granted based on a 50-minute hour. National Registry of CPE Sponsors ID #: 105759