Co-ops Using Elective-Pay Credits to Meet 'Unique Future Goals'

After years of advocacy from NRECA, Congress passed legislation in 2022 that allows electric co-ops to access federal tax credits for certain energy projects, including renewable power facilities, through an elective-pay option. These incentives can slash costs for co-ops to build, own and operate eligible generation and energy storage projects. Hear from NRECA's Hill Thomas as well as Doug Browne of North Carolina's Electric Cooperatives on how co-ops are reaping the benefits of these credits.