Below you'll find a list of all posts that have been tagged as “Energy-efficiency”
By Ravi Malhotra Originally posted in Tax Credit Advisor, January 2025 After the 2024 elections, many in the multifamily affordable housing sector worry that key Bipartisan Infrastructure Law (BIL) and Inflation Reduction Act (IRA) funds may be clawed back by the incoming administration. These funds provide tax credits, grants and other forms of incentives for green and clean energy deployment and have been crucial to closing …
As we discussed in our January newsletter, solar energy is reaching a critical mass of affordability and availability within the United States. Before solar, other energy-efficient technologies like the LED lightbulb were in a similar situation: A new technology that can revolutionize energy efficiency and save money stifled by market inertia and too-big-to-fail investments in incumbent technology. LEDs are 90% …
Kristen Cheriegate | ICAST Policy Manager ========== Federal Pause Issued on Clean Energy Funding On Monday, January 20, President Trump issued an Executive Order that paused all disbursement of any funds related to the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act (IIJA), also known as the Bipartisan Infrastructure Law (BIL). The executive order, “Unleashing American Energy,” …
Bridge Loans Can Unlock Your Property’s Energy Efficiency Potential In the rapidly evolving landscape of green energy, timing is everything. The current influx of investment tax credits and incentives under the Inflation Reduction Act (IRA) presents an opportunity for multifamily affordable housing, disadvantaged, and Tribal communities to implement solar and energy efficiency upgrades. However, these financial benefits often arrive after …
In the past year, the Connecticut Residential Energy Preparation Services (REPS) program has been making waves in the state’s energy efficiency landscape by eliminating health and safety barriers. Operated by the Connecticut Department of Energy and Environmental Protection in partnership with ICAST, REPS provides a lifeline for low-income households left out of critical weatherization services. For many low-income households, the …
ICAST was recently invited to present at the E Source 2024 Forum in early October. E Source is a utilities-focused research and consultation firm that annually holds the E Source Forum to bring together utility professionals to learn, innovate, and grow the utility industry. Our presentation, titled “Equitable Access to the Benefits of DSM,” was delivered by Ryan Kristoff, ICAST’s …
The US Dept. of Energy (DOE) recently released its 2024 Progress Report for the Better Buildings initiative—an annual publication that highlights the achievements of the initiative and its partners by sector. The Better Buildings initiative (BB) aims to improve energy efficiency and advance decarbonization across the nation’s various building sectors. BB helps organizations reduce their energy use, lower operational costs, …
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, …
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 …
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 …