Investment Tax Credit (ITC) Direct Pay Fact Sheet for Nonprofits
February 13, 2024
Anna Adamsson | Clean Energy Group
Direct pay enables tax-exempt entities to receive payment equal to the full value of the Investment Tax Credit (ITC) and its bonus credits. Nonprofits, states, local governments, and Tribal Nations are all able to more fully participate in the benefits of clean energy through Direct Pay.
This Direct Pay Fact Sheet details which types of tax-exempt entities are eligible to receive direct pay, outlines the process to receive direct pay, and introduces additional resources.
For an in-depth look into the Direct Pay application process and access to a customizable application timeline, view Clean Energy Group’s Direct Pay Guide for Nonprofits.