By Ravi Malhotra Originally posted in Tax Credit Advisor, October 2024 Federal Tax Credits, Rebates, Low-Cost or Forgivable Loans, and Grants are Hitting the Ground The Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) are in their second and third years, respectively. Treasury guidance is now available for almost all of the IRA’s clean energy tax credit provisions. Furthermore, …
September 2024 Policy Blog
Kristen Cheriegate | ICAST Policy Manager ========== Xcel Energy’s Clean Heat Plan for Colorado Moving Forward Colorado’s largest investor-owned utility, Xcel Energy, should soon receive a written order from the state’s Public Utilities Commission to finalize and implement its “2024-2028 Clean Heat Plan.” The plan directs more than $440 million over the next three years towards electrification and energy efficiency, …
ICAST at the ACEEE Summer Study on Energy Efficiency in Buildings
ICAST’s Vice President of Grant Programs, Ryan Kristoff, recently attended the American Council for an Energy-Efficient Economy’s (ACEEE) biennial conference on decarbonizing the building sector. This conference brings together professionals, policymakers, researchers, and other stakeholders from across the world to discuss evolving best practices for designing and implementing energy efficiency solutions in buildings. In addition to receiving an award for …
Solar for Multifamily
By Ravi Malhotra Originally published in NH&RA’s Tax Credit Advisor Magazine Federal Funds for Multifamily Solar Projects En Route The Inflation Reduction Act (IRA) is expected to fund approximately $1 trillion in tax credits for clean energy. A significant portion of the funding is for the solar investment tax credits (ITC)—the base ITC was expanded to 30% and multifamily affordable …
Building Decarb Update: Some Highlights at the Federal Level
In June, the U.S. Department of Energy (DOE) announced its National Definition of a Zero Emissions Building. It was finalized after receiving feedback from industry, academia, research laboratories, government agencies, and other stakeholders. Part 1 of the Definition (Operational Emissions from Energy Use) sets criteria for a building with zero emissions from energy used for building operations. It applies to …
TBL Fund Closes Bridge Loan
TBL Fund’s new Bridge Loan product is designed to help customers take advantage of the various incentives created by the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL). After project completion and validation, many of these dollars are only disbursed to customers. Bridge loans provide essential capital upfront, enabling stakeholders to initiate and advance their green projects and repay …
July 2024 Policy Blog
Kristen Cheriegate | ICAST Policy Analyst ========== Study Shows States How to Maximize Federal Funding The American Council for an Energy-Efficient, the AnnDyl Policy Group, and the Building Performance Association have released a new paper identifying strategies that policymakers, efficiency program administrators, and other decision-makers can use to support home energy efficiency upgrades by braiding and stacking new federal funds …
Money on the Move: Accessing Incentives for Your Green Projects
By Ravi Malhotra Originally published in Utah Rental Housing Journal More funds from the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) are working their way toward communities. For example, Utah’s Office of Energy Development is currently preparing its applications for the U.S. Dept. of Energy’s funded Home Energy Rebate programs. The Environmental Protection Agency is considering applications under …
Update on ICAST’s Heat Pump Training Program
Update on ICAST’s Heat Pump Training Program Audrey Knox | Workforce Training Manager Ms. Knox manages the implementation of ICAST’s workforce training initiatives in collaboration with ICAST’s partners across the country. Stakeholders across the country recognize that heat pumps are the future of HVAC and domestic hot water. Thankfully, we see growing awareness and adoption of these technologies—note, for example, …
Tapping Grants, Loans, and Incentives to Cut Project Costs
by Ravi Malhotra How should the multifamily affordable housing market ensure it maximizes its benefits from the various federal, state, and local government resources on offer? Government programs typically do not consider or emphasize strategic and meaningful leveraging and collaboration with other programs, much less provide valuable guidance to do so. The lack of coordination within and between agencies and …