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Market Series: Direct Pay/Elective Pay

Learn how to get the Solar Tax Credit if you don’t pay taxes.

Tags

Dates

02/05 - 02/05/2025

Location

155 Gibbs Street Rockville, MD 20850

Links

Register

Price

Free

Hosted By

Montgomery County Green Bank

This panel discussion, co-hosted by Interfaith Power & Light, will explore the recently introduced “Direct Pay” or Elective Pay Solar PV Incentive, made available through the Inflation Reduction Act (IRA). Historically, the significant tax credit (up to 30%) for solar system purchases was accessible only to taxpayers, excluding non-profits. With the IRA’s passage, non-profits can now apply for a federal reimbursement check covering 30% of the cost of a solar PV project.

The discussion will cover:

  • Steps non-profits can take to access this incentive.
  • Key considerations for deciding whether to rent or own a solar system.

Speakers:

  • Joelle Novey, Director, Interfaith Power & Light
  • A.C. Meyer, Senior Staff Attorney, Lawyers for Good Government (L4GG)
  • Jillian Blanchard, Director, Climate Change & Environmental Justice Program, Lawyers for Good Government (L4GG)
  • Cami Thompson, Director of Finance, RE-volv

Moderator:

  • Cindy McCabe, Director of Renewable Energy, Montgomery County Green Bank

Location:

VisArtsBuchanan Room, 2nd Floor
155 Gibbs St, Rockville, MD 20850

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