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Elective Pay ITC/PTC Worksheet
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You are invited to download this document in order to use it for your own project analysis.
DISCLAIMER: This tool was prepared for state agency representatives for purposes of utilizing elective pay ("direct pay") to reduce the cost of deploying clean energy projects. This tool is primarily designed to help capture the essential information for projects and does not address other aspects of the credit, such as which items of property are eligible. Other requirements may apply. This spreadsheet does not provide legal or tax advice. Please consult an accountant or tax counsel as needed for accounting and legal advice. Please consult your tax counsel as needed for legal advice.
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#Project NameProject Type - ITC/PTC
(Solar, wind, storage, geothermal, other)		Energy Generation - Size of project
(KW or MW)		Funding For the Project
(Municipal bond, Grant, operational budget, CIP, etc.)		Over 1 MW? (Y/N)Ownership Structure
(Owned by the city, owned by developer, mixed ownership)		EIN of Owning/Filing Entity (Each registered project may only be claimed by one entity)Date Placed in Service
(For solar/wind/geothermal, use the date the project was given permission to operate)		Location/AddressMade in America Procurement (Y/N)Compliance w/ Prevailing Wage & Apprenticeship Requirements? (Y/N)Low Income Community Bonus (Y/N/M) Energy Communities (Y/N)
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