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Before the passage of the Inflation Reduction Act (IRA) over a year ago, tax credits for solar projects were available only to taxable entities. That meant that while tax-exempt and government entities — such as nonprofits, churches, schools and tribes — could go solar via a lease or PPA, they couldn’t directly take advantage of…
The post Two potential IRA direct pay pitfalls nonprofits need to know about appeared first on Solar Power World.
