Tag: BESS

The U.S. Inflation Reduction Act’s “direct pay” provision offers communities across the country access to clean energy tax credits for the first time. Just two years after it was introduced, direct pay is already helping to bring clean vehicles to city fleets, fund electric vehicle chargers for low-income neighborhoods, provide cost-effective solar power to wastewater plants, and help schools upgrade outdated and inefficient HVAC systems. But clean energy deployment is hardly the only benefit. Projects receiving direct pay credits are creating good-paying jobs, reducing air pollution, cutting energy costs, creating lasting sources of capital for future community projects, and working to increase the U.S. energy supply at a time of record electricity demand growth.