The Implications of the Inflation Reduction Act (IRA) for the Energy Industry
With the recent signing of the Inflation Reduction Act (IRA) into law, a myriad of tax incentives for the energy community have opened up.
This presentation is designed to explain the impact of new tax legislation and other tax laws on the energy and building industries. Our presentation will cover how to capture new incentives for HVAC systems and other energy efficiency upgrades that significantly reduce the upfront costs of equipment for building owners, and we will explore newly revived incentives for alternative energy generation systems and energy-efficiency upgrades. In addition, we will cover the new tax-exempt, project categories that are now eligible for EPAct tax benefits. We will also discuss other legacy tax incentives available for designers, and how energy companies and building owners can capture these. Our presentation is designed to give attendees a thorough understanding of how to include all these incentives in the calculations of energy and building project ROIs.
Science in Chemical Engineering from the University of Buffalo, an MBA from the University of Maine at
Orono, and is a LEED, AP.
He is the co-author of numerous articles, published in Building Operating Management, Worship Facilities
Magazine, UNIT Magazine, Green Lodging News, International Parking Institute, Corporate Business
Taxation Monthly, and Thomson Reuters. He has presented to hundreds of corporations, architectural
firms, engineering firms, accounting firms, local chapters of USGBC, IFMA, BOMA, and AEE as well as
national conferences of NFMT, NALMCO, IGSHPA, PIMA, and at the EMC Conference as well. Jacob has
also been a consistent speaker at GE's Nela Park and Cooper's "The Source" in Peachtree, GA.