Blue Energy Group is a national tax and engineering firm that partners with building owners, accounting and design firms to deliver audit-proof certifications for energy-efficient building projects.
What is Direct Pay for IRA Tax Credits?
Tax-exempt entities can use direct pay (also referred to as elective pay) to receive a payment equal to the full value of the § 48 Investment Tax Credits (ITC) and eligible bonus credits.
Who is eligible to use Direct Pay?
- Tax-exempt organizations including all organizations that are exempt from tax by § 501(a), § 501(c), and § 501(d).
- States (including DC), counties, cities, and other political subdivisions such as school districts.
- Indian Tribal governments, political subdivision thereof, or any agency or instrumentality of a Tribal government.
- Alaska Native Corporations, the Tennessee Valley Authority, rural electric cooperatives
What will Blue Energy do to secure your tax credit?
When you engage with Blue Energy to secure your direct pay tax credit, we provide:
- Completion of your IRS pre-filing registration.
- An audit-proof cost segregation study on the project to determine your tax credit amount.
- Full analysis of all credit enhancers including PWA and domestic content requirements.
- Tax services to prepare your tax forms and file your annual tax returns if needed.
Why choose Blue Energy Group?
- Our certifications are accurate and audit-proof. We’ve never lost an IRS audit.
- Over 27 years of Cost Segregation experience.
- Over 30 years of experience working with working with building owners and designers.
- We’ve secured over $400M in tax incentives.
Next Step
Blue Energy will work with you to secure the maximum dollars allowed by law and help create a cleaner, more sustainable future. We’d love for you to join us on this journey. Blue Energy Group offers a complimentary preliminary analysis to determine whether your building qualifies for these programs.
Contact us to get started.