​​​NRECA is working with the White House and Treasury/IRS to implement direct-pay tax incentives that allow electric cooperatives, for the first time, to have direct access to energy tax credits that have previously been available only to for-profit companies. These tax credits apply to carbon capture, nuclear energy, energy storage, and traditional renewables. This is an extraordinary circumstance: while maintaining their tax-exempt status, electric cooperatives now have access to the benefits of energy tax incentives.​