What the Inflation Reduction Act means to contractors

January 12th 2023

Guest speakers
Michelle Abel

J.D., Principal

Baker Tilly

Chad Resner

CPA, J.D., Director

Baker Tilly

The Inflation Reduction Act of 2022 (IRA) provisions aim to help reduce greenhouse gas emissions across the range of fuel types, energy producers, and energy users. Tax credits have been extended, enhanced, and increased in size for energy efficiency, energy generation and decarbonized fuel production projects, electric vehicle (EV) infrastructure, manufacturing facilities, and certain critical minerals essential for clean energy technologies. 

The IRA also creates the opportunity to transfer credits or receive direct payments from the IRS. While supporting energy-related construction projects, IRA has a meaningful emphasis on jobs and earnings growth, domestic content and environmental justice.

If you’re a contractor, you’re probably wondering:

  1. What is the opportunity for the construction industry to push projects forward?

  2. What do I need to do to be compliant with those projects? 

  3. How do I make my company a preferred contractor to energy project developers?

Join ServiceTitan and Baker Tilly for a live webinar where the team from Baker Tilly will cover:

  • Prevailing wage and registered apprenticeship requirements

  • Domestic content requirement 

  • Supply chain certification

  • Compliance with the legislation

  • Frequently asked questions

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