Combined Heat and Power Alliance’s Post

I am super proud of the work that the Combined Heat and Power Alliance is doing to promote CHP and extend the tax credits it deserves. Natural gas-fired CHP should be eligible for the 45Y and 48E tax credits, and the Combined Heat and Power Alliance details its proposed approach for stringent requirements along with annual measurement and verification standards in its comments to the U.S. Treasury Department. In its comments, the Combined Heat and Power Alliance states: "CHP’s ability to deliver immediate emission reductions, to avoid a counterfactual scenario with much higher emissions from the electricity sector during a time of rapidly rising electricity demand, and to do so more quickly than solar and wind technologies are all the elements that Treasury should consider as it determines the GHG emissions rate methodology for CHP. "

Yesterday, the U.S. Department of the Treasury released proposed guidance for what are arguably the two most consequential tax credits within the IRA for clean electricity—Section 45Y Clean Electricity Production Credit (PTC) and Section 48E Clean Electricity Investment Credit (ITC). C2ES Director of Energy Analysis Douglas Vine and Director for U.S. Policy and Outreach Jason Ye explore the significance of these credits for emissions reductions in their latest blog. 🔗 https://lnkd.in/dRvHbWRj #climatepolicy #InflationReductionAct #cleanenergy

How much do you know about the Inflation Reduction Act? If you’re confused, you’re not alone! We did some digging and are happy to share what we learned as well as resources and tools for additional information. Some good news: *$370 billion for energy efficiency, clean energy and to support climate commitments is a lot of money, and the impact of the IRA and related legislation will have a transformative effect on buildings, infrastructure and water systems, jobs and manufacturing, supply chains, and a real acceleration in the evolution and growth of energy efficiency and clean energy products, services, technologies, companies, market segments, and entire markets. *The tax credits are available right now! You can air seal and insulate, upgrade your electrical service, buy energy efficient appliances, and install clean energy technology today and take those credits when you file your taxes! *The rest of the funds are coming! DOE released guidelines to states on July 27, 2023 on how to apply for the planned DOE funding. The states then follow their own processes, including allowing for public comment, and submit these applications. It’s anticipated that DOE will begin approving applications and the first rebates will be available sometime in 2024. Check out our IRA Introduction and Update more information, share your thoughts and questions, and let's learn more together! https://buff.ly/3PTxxw5 #InflationReductionAct #IRA #energyefficiency #cleanenergy #building #buildings #greenbuilding #technology #cleantech #greentech #construction #architecture #design #engineering #decarbonization #electrification #builtenvironment #buildingscience #HVAC #ventilation #filtration #humidity #IAQ #indoorairquality #health #comfort #safety #savings #energysavings #taxes #taxcredits #rebates #appliances #retrofit #renovation #weatherization #airsealing #insulation #EE #energy #greeneneegy #cleanenergy #emissions #greenhousegases

How much do you know about the Inflation Reduction Act? If you’re confused, you’re not alone! We did some digging and are happy to share what we learned as well as resources and tools for additional information. Some good news: *$370 billion for energy efficiency, clean energy and to support climate commitments is a lot of money, and the impact of the IRA and related legislation will have a transformative effect on buildings, infrastructure and water systems, jobs and manufacturing, supply chains, and a real acceleration in the evolution and growth of energy efficiency and clean energy products, services, technologies, companies, market segments, and entire markets. *The tax credits are available right now! You can air seal and insulate, upgrade your electrical service, buy energy efficient appliances, and install clean energy technology today and take those credits when you file your taxes! *The rest of the funds are coming! DOE released guidelines to states on July 27, 2023 on how to apply for the planned DOE funding. The states then follow their own processes, including allowing for public comment, and submit these applications. It’s anticipated that DOE will begin approving applications and the first rebates will be available sometime in 2024. Check out our IRA Introduction and Update more information, share your thoughts and questions, and let's learn more together! https://buff.ly/3PTxxw5 #InflationReductionAct #IRA #energyefficiency #cleanenergy #building #buildings #greenbuilding #technology #cleantech #greentech #construction #architecture #design #engineering #decarbonization #electrification #builtenvironment #buildingscience #HVAC #ventilation #filtration #humidity #IAQ #indoorairquality #health #comfort #safety #savings #energysavings #taxes #taxcredits #rebates #appliances #retrofit #renovation #weatherization #airsealing #insulation #EE #energy #greeneneegy #cleanenergy #emissions #greenhousegases

How much do you know about the Inflation Reduction Act? If you’re confused, you’re not alone! We did some digging and are happy to share what we learned as well as resources and tools for additional information. Some good news: *$370 billion for energy efficiency, clean energy and to support climate commitments is a lot of money, and the impact of the IRA and related legislation will have a transformative effect on buildings, infrastructure and water systems, jobs and manufacturing, supply chains, and a real acceleration in the evolution and growth of energy efficiency and clean energy products, services, technologies, companies, market segments, and entire markets. *The tax credits are available right now! You can air seal and insulate, upgrade your electrical service, buy energy efficient appliances, and install clean energy technology today and take those credits when you file your taxes! *The rest of the funds are coming! DOE released guidelines to states on July 27, 2023 on how to apply for the planned DOE funding. The states then follow their own processes, including allowing for public comment, and submit these applications. It’s anticipated that DOE will begin approving applications and the first rebates will be available sometime in 2024. Check out our IRA Introduction and Update more information, share your thoughts and questions, and let's learn more together! https://buff.ly/3PTxxw5 #InflationReductionAct #IRA #energyefficiency #cleanenergy #building #buildings #greenbuilding #technology #cleantech #greentech #construction #architecture #design #engineering #decarbonization #electrification #builtenvironment #buildingscience #HVAC #ventilation #filtration #humidity #IAQ #indoorairquality #health #comfort #safety #savings #energysavings #taxes #taxcredits #rebates #appliances #retrofit #renovation #weatherization #airsealing #insulation #EE #energy #greeneneegy #cleanenergy #emissions #greenhousegases

How much do you know about the Inflation Reduction Act? If you’re confused, you’re not alone! We did some digging and are happy to share what we learned as well as resources and tools for additional information. Some good news: *$370 billion for energy efficiency, clean energy and to support climate commitments is a lot of money, and the impact of the IRA and related legislation will have a transformative effect on buildings, infrastructure and water systems, jobs and manufacturing, supply chains, and a real acceleration in the evolution and growth of energy efficiency and clean energy products, services, technologies, companies, market segments, and entire markets. *The tax credits are available right now! You can air seal and insulate, upgrade your electrical service, buy energy efficient appliances, and install clean energy technology today and take those credits when you file your taxes! *The rest of the funds are coming! DOE released guidelines to states on July 27, 2023 on how to apply for the planned DOE funding. The states then follow their own processes, including allowing for public comment, and submit these applications. It’s anticipated that DOE will begin approving applications and the first rebates will be available sometime in 2024. Check out our IRA Introduction and Update more information, share your thoughts and questions, and let's learn more together! https://buff.ly/3PTxxw5 #InflationReductionAct #IRA #energyefficiency #cleanenergy #building #buildings #greenbuilding #technology #cleantech #greentech #construction #architecture #design #engineering #decarbonization #electrification #builtenvironment #buildingscience #HVAC #ventilation #filtration #humidity #IAQ #indoorairquality #health #comfort #safety #savings #energysavings #taxes #taxcredits #rebates #appliances #retrofit #renovation #weatherization #airsealing #insulation #EE #energy #greeneneegy #cleanenergy #emissions #greenhousegases

How much do you know about the Inflation Reduction Act? If you’re confused, you’re not alone! We did some digging and are happy to share what we learned as well as resources and tools for additional information. Some good news: *$370 billion for energy efficiency, clean energy and to support climate commitments is a lot of money, and the impact of the IRA and related legislation will have a transformative effect on buildings, infrastructure and water systems, jobs and manufacturing, supply chains, and a real acceleration in the evolution and growth of energy efficiency and clean energy products, services, technologies, companies, market segments, and entire markets. *The tax credits are available right now! You can air seal and insulate, upgrade your electrical service, buy energy efficient appliances, and install clean energy technology today and take those credits when you file your taxes! *The rest of the funds are coming! DOE released guidelines to states on July 27, 2023 on how to apply for the planned DOE funding. The states then follow their own processes, including allowing for public comment, and submit these applications. It’s anticipated that DOE will begin approving applications and the first rebates will be available sometime in 2024. Check out our IRA Introduction and Update more information, share your thoughts and questions, and let's learn more together! https://buff.ly/3PTxxw5 #InflationReductionAct #IRA #energyefficiency #cleanenergy #building #buildings #greenbuilding #technology #cleantech #greentech #construction #architecture #design #engineering #decarbonization #electrification #builtenvironment #buildingscience #HVAC #ventilation #filtration #humidity #IAQ #indoorairquality #health #comfort #safety #savings #energysavings #taxes #taxcredits #rebates #appliances #retrofit #renovation #weatherization #airsealing #insulation #EE #energy #greeneneegy #cleanenergy #emissions #greenhousegases

The Inflation Reduction Act was signed into law in 2022, marking the most significant action Congress has taken on clean energy and climate change in the nation’s history. The government is one pillar in advancing our clean energy transition.   Fast forward to March 2024 the U.S. Department of the Treasury and the Internal Revenue Service (IRS) have announced the implementation of key provisions of the Inflation Reduction Act. These provisions aim to broaden the impact of clean energy tax credits, facilitating faster and more cost-effective project development. What does that mean for you? Listen to Madelon Kuchera, President & Founder of Earth Etch, talk about the types of credits, delivery mechanisms and transferability. https://lnkd.in/gDkZfrJN #sustainability #energy #power #naturalgas

How much do you know about the Inflation Reduction Act? If you’re confused, you’re not alone! We did some digging and are happy to share what we learned as well as resources and tools for additional information. Some good news: *$370 billion for energy efficiency, clean energy and to support climate commitments is a lot of money, and the impact of the IRA and related legislation will have a transformative effect on buildings, infrastructure and water systems, jobs and manufacturing, supply chains, and a real acceleration in the evolution and growth of energy efficiency and clean energy products, services, technologies, companies, market segments, and entire markets. *The tax credits are available right now! You can air seal and insulate, upgrade your electrical service, buy energy efficient appliances, and install clean energy technology today and take those credits when you file your taxes! *The rest of the funds are coming! DOE released guidelines to states on July 27, 2023 on how to apply for the planned DOE funding. The states then follow their own processes, including allowing for public comment, and submit these applications. It’s anticipated that DOE will begin approving applications and the first rebates will be available sometime in 2024. Check out our IRA Introduction and Update more information, share your thoughts and questions, and let's learn more together! https://buff.ly/3PTxxw5 #InflationReductionAct #IRA #energyefficiency #cleanenergy #building #buildings #greenbuilding #technology #cleantech #greentech #construction #architecture #design #engineering #decarbonization #electrification #builtenvironment #buildingscience #HVAC #ventilation #filtration #humidity #IAQ #indoorairquality #health #comfort #safety #savings #energysavings #taxes #taxcredits #rebates #appliances #retrofit #renovation #weatherization #airsealing #insulation #EE #energy #greeneneegy #cleanenergy #emissions #greenhousegases

How much do you know about the Inflation Reduction Act? If you’re confused, you’re not alone! We did some digging and are happy to share what we learned as well as resources and tools for additional information. Some good news: *$370 billion for energy efficiency, clean energy and to support climate commitments is a lot of money, and the impact of the IRA and related legislation will have a transformative effect on buildings, infrastructure and water systems, jobs and manufacturing, supply chains, and a real acceleration in the evolution and growth of energy efficiency and clean energy products, services, technologies, companies, market segments, and entire markets. *The tax credits are available right now! You can air seal and insulate, upgrade your electrical service, buy energy efficient appliances, and install clean energy technology today and take those credits when you file your taxes! *The rest of the funds are coming! DOE released guidelines to states on July 27, 2023 on how to apply for the planned DOE funding. The states then follow their own processes, including allowing for public comment, and submit these applications. It’s anticipated that DOE will begin approving applications and the first rebates will be available sometime in 2024. Check out our IRA Introduction and Update more information, share your thoughts and questions, and let's learn more together! https://buff.ly/3PTxxw5 #InflationReductionAct #IRA #energyefficiency #cleanenergy #building #buildings #greenbuilding #technology #cleantech #greentech #construction #architecture #design #engineering #decarbonization #electrification #builtenvironment #buildingscience #HVAC #ventilation #filtration #humidity #IAQ #indoorairquality #health #comfort #safety #savings #energysavings #taxes #taxcredits #rebates #appliances #retrofit #renovation #weatherization #airsealing #insulation #EE #energy #greeneneegy #cleanenergy #emissions #greenhousegases