Last year, electric cooperatives saw a major legislative victory with the inclusion of a provision for direct-pay incentives in the Inflation Reduction Act. The new law gives co-ops and other tax-exempt entities the ability to receive reimbursements from the government for deploying certain new energy technologies, putting them on a playing field with for-profit providers.
How did co-ops secure this groundbreaking change in the tax code, and how does it change the game for them going forward? Hear from Paul Gutierrez, NRECA legislative affairs director, Mac McLennan, CEO of Minnkota Power Cooperative in North Dakota, and Eric Jung, CEO of Northeastern REMC in Indiana.
Listen to the episode below:
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