Did you know that nonprofits are eligible for up to a 50% direct pay federal tax credit? Due to their recently enacted legislation within the Inflation Reduction Act nonprofits can now benefit from the federal tax credit for renewable energy. The Department of Energy (DOE) will accept applications for the Bonus Credit Program in the third quarter of 2023. It's crucial to apply before the project is installed and "placed in service." California Power will assist you in applying for these credits, ensuring you have the best chance of approval. Churches, community centers, and ANY nonprofit will lower their cost of electricity between 25 and 60% with absolutely no financial outlay whatsoever! $0 out-of-pocket! Additionally, your nonprofit will receive a direct pay amount with the guarantee baseline of 30% and a maximum of 50% direct from the IRS. It's essential to keep in mind that these tax credits for nonprofits are on a first-come, first-served basis, so it's advisable to start the application process as soon as possible in the third quarter of this year. Warm regards, Browder Morrisey 8052989894 http://californiapower.net Info@californiapower.com https://www.californiapower.net/contact-us
