TL/DR –
The Inflation Reduction Act introduces a Direct Pay Provision which helps non-profit organisations obtain solar power. The Act enables a shift from tax equity financing to direct pay, allowing non-profit organizations to benefit directly from solar investments. This change could advance solar energy acquisition by removing the financial and administrative barriers typically faced by non-profit entities.
Impact of the Inflation Reduction Act on Solar Adoption for Non-Profits
The Inflation Reduction Act now allows non-profits to leverage Direct Pay Provision, enabling extensive solar adoption.
This provision’s introduction significantly transforms the solar landscape for non-profits, increasing accessibility to solar technology.
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