Elective (Direct) Pay 2024 Updates Webinar

Under the Inflation Reduction Act, elective (direct) pay allows entities like nonprofits and other tax-exempt and governmental entities that don’t pay federal income tax to benefit from significant clean energy tax credits. In this webinar, Nelnet Renewable Energy provides a practical overview of the credits and answers participants’ questions.1


  • Demonstrate how elective, or direct, pay allows certain entities to benefit from some clean energy tax credits after an eligible solar project is completed.
  • Provide an overview of which types of entities are eligible for elective pay.
  • Review how to claim and receive a direct payment by pre-filing registration with the Internal Revenue Service (IRS).
  • Offer links to IRS and other resources to help applicants see what to expect with the process, needed documentation, and more.
  • Provide helpful tips for completing the claim process and answer attendees’ questions.

1The material on this website does not constitute and should not be relied on for tax, legal, investment, or accounting advice. You should consult your own tax, legal, and other professional advisors for such advice, with due consideration given to the risks of investing in renewable energy products and your own individual circumstances. The use of terms such as “may”, “will”, “should”, “expect”, “anticipate”, “target”, “project”, “estimate”, “intend”, “continue”, “believe”, or other comparable terms are not guarantees of future performance and undue reliance should not be placed on them. Due to various risks and uncertainties, actual events or results may differ.



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