What is Elective Pay & Can I Utilize Elective Pay for a Geothermal Project?
Enertech Marketing ยท February 6, 2024
Geothermal Industry News
Elective pay, also known as direct pay, is a program that allows entities to receive a tax-free cash payment if they meet the requirements for elective pay and the underlying Inflation Reduction Act (IRA) tax credit. In simpler terms, for individuals wanting to take advantage of the tax credit for geothermal or other qualified renewable […]