Elective Pay & IRA Tax Incentives Resources Page

Updated May 1, 2024

JUMP TO: FINAL REGULATIONS ON ELECTIVE PAY RELEASED MARCH 5, 2024

UPCOMING EVENTS:

• May 9 Webinar - “Cash for Communities: Leveraging Historic Federal Funds for Racial, Economic, and Climate Justice”

  • Info & registration — Thurs May 9, 1pm ET — Free

  • Hosted by Congressional Progressive Caucus Center & Local Progress Impact Lab

  • Geared toward local governments or community-based organizations; “Elective Pay 101”

• JUMP TO: Recent Webinar Recordings

The IRS Pre-Filing Registration Portal is OPEN!

Register to receive a unique ID for all of your eligible 2023 projects!

PRE-FILING REGISTRATION RESOURCES

• IRS Video Walk-Through of Pre-Filing Registration Portal

• Pre-Filing Registration Tool User Guide (with screenshots), IRS Publication 5884

• IRS Energy Credits Online Permission Management User Guide (with screenshots), IRS Publication 5902

• Email for requesting technical assistance with Pre-Filing Registration: irs.elective.payment.or.transfer.of.credit@irs.gov

• NEW May Sessions: IRS-Hosted Office Hours for Elective Pay & Transferability Pre-Filing

  • 1-2:30pm ET - Separate registration for each date: 5/1, 5/8, 5/15

LEGAL QUESTIONS & ANSWERS FROM L4GG EXPERTS

Elective Pay FAQs

If you have questions about elective pay for applicable entities, please click here to view our FAQ page, which is updated frequently and has answers from our legal experts to some of the most common questions we receive.

If your question is not answered on the FAQ page, click here to submit your question directly to L4GG’s legal experts.

L4GG WORKSHEETS, FACT SHEETS, ANNOTATED FORMS, & WEBINARS

• Worksheets & Maps for Identifying Eligible Projects:

• Electric Vehicle Purchases

• Electric Vehicle Infrastructure (non-urban and low income only)

• EV Infrastructure - 30C Tax Credit Eligibility Locator Map from DOE

• ITC/PTC Projects

• Annotated Tax Forms:

  • Form 8936 & Schedule A - Section 45W/EV Purchasing (45W) - from Electrification Coalition

  • Form 8911 - Section 30C/EV Infrastructure - from Electrification Coalition

• Fact Sheets:

  • ITC-Eligible Renewable Energy Generation Projects

  • Low-Income Communities Bonus (LICB) Fact Sheet

    • Portal Opened October 19, 2023

    • 2023 Applications accepted until February 29, 2024 11:59pm ET

    • LICB Dashboard

• Webinars:

  • L4GG/WRI/GFOA/USDN Demystifying the Elective Pay Process (video) - April 18, 2024

    • Slide deck (with hyperlinks to resources)

  • L4GG/CAP/NLC/BGA How Cities Can Take Advantage of Direct Pay (video) - Jan 2024

    • Slide deck (with hyperlinks to resources)

  • L4GG’s Direct Pay Overview Webinar - August 2023

  • L4GG/Sabin Center Presentation to Local Governments

  • Stanford Law School Lawyers for a Sustainable Economy

    • Elective Pay for Tribal Governments Part 1, Part 2, & Part 3 (links to YouTube)

APPLICABLE REGULATIONS AND GUIDANCE FROM TREASURY & IRS

• FINAL REGULATIONS ON DIRECT PAY - Published March 11, 2024

• L4GG’s Summary of IRS Final Rules on Elective Pay - March 6, 2024

• IRS Press Release on Release & Pending Publication of Final Regulations - March 5, 2024

• IRS FAQ on Elective Pay - Updated March 5, 2024

• IRS Overview of Elective Pay and Transferability

• Relevant Regulations and Guidance from IRS and Treasury

ARTICLES FROM L4GG LEGAL EXPERTS

• Low-Income Communities Bonus

  • DOE Dashboard of Available Allocations for 2023

• Domestic Content

• Energy Communities Bonus
  
  
  

HELPFUL PARTNER RESOURCES

• Government Finance Officers Association - IRA Implementation Resources

• WRI - Roadmap for Local Governments

• WRI - Bonus Mapper 

• Wilson Sonsini - IRA Legal Resources

• Wilson Sonsini - Analysis of New 48/ITC Proposed Regulations

• Clean Energy Group - Applying for IRA Bonuses

• Sabin Center - Proposed Regulations for Direct Pay Under the Inflation Reduction Act - Guidelines for Cities

• NYU School of Law - Making Cents of the IRA

• Congressional Progressive Caucus Center - Overview on Direct Pay

• Center for American Progress - Overview on Direct Pay 

• Clean Energy States Alliance - Low-Income Communities Bonus

• BlueGreen Alliance - Domestic Content Guidance for Developers

Paying for your Project - Financing ResourceS

• Center for Public Enterprise - Interactive Financial Modeling Tool

• Greenhouse Gas Reduction Fund: Greenbanks, CDFIs, other Grant recipients under the Greenhouse Gas Reduction Fund  (Solar for All Competition is currently open); 43 states have filed NOIs 

• U.S. Dept. of Energy - State Energy Financing Institutions (SEFI) Funding for State Programs

• EPA - Climate Pollution Reduction Grant

• Wilson Sonsini - Clean Energy Federal Funding Database

• Wilson Sonsini - Climate Funding White Paper

Found an error, broken link, or other tech issue? Let us know at CleanEnergy@L4GG.org — and thanks!