Washington is launching a program to support access to important Inflation Reduction Act federal tax incentives available to organizations to support clean energy projects. The federal Inflation Reduction Act (IRA) extended and expanded important clean energy tax credits. This expansion included making these tax credits available to more entities, including organizations that have not traditionally filed tax returns or had access to clean energy tax credits, also referred to as “direct pay” or “elective pay”. The Washington Department of Commerce, in partnership with Lawyers for Good Government, is launching Washington’s Clean Energy Tax Credit Assistance Program (CETCAP).
The CETCAP is designed for Washington community-based organizations, local government agencies, ports, housing authorities, tribes, and others with questions about eligibility and accessing the tax credits.
Timeline
This is currently a limited time program – please reach out today to learn more! If you are interested in leveraging this free technical and legal assistance, please complete the Requests for Elective Pay Assistance Form and Lawyers for Good Government (L4GG) will reach out directly. Please also indicate in the form whether you have any completed 2023 projects that may be eligible for elective pay for more immediate assistance.
L4GG will be developing more Washington-specific resources in the coming months. In the meantime, organizations can start learning about potential eligibility for your projects at L4GG’s Clean Energy Tax Navigator.
Resources
The CETCAP program is supported with funding from Washington’s Climate Commitment Act. The CCA supports Washington’s climate action efforts by putting cap-and-invest dollars to work reducing climate pollution, creating jobs, and improving public health. Information about the CCA is available at www.climate.wa.gov.