Posts tagged: heat pumps
One of the key innovations of the IRA is the introduction of direct pay options for nonprofit organizations, allowing them to receive cash refunds for green energy incentives previously out of reach. In this webinar, green energy tax expert Jerome L. Garciano provided insights into these new regulations and answered pressing questions from attendees.
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Passage of the 2022 Inflation Reduction Act created unprecedented green energy benefits and incentives for businesses, individuals, and institutions to invest in electrification, renewables, and efficiency measures—from electric vehicles to EV charging stations to solar PV and more. New with this legislation is the opportunity for nonprofit organizations to get a cash refund for the value of tax credits ordinarily out of their reach.
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Participating utilities to offer incentives for Massachusetts ratepayers for heat pumps in the transition to electrification.
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Faced with the prospect of a $2+ million investment in converting their heating system, it would have been easy to justify narrowly defining the project scope in an effort to minimize capital expense. Instead, MSPCA had GreenerU take a holistic look at the medical center’s energy systems and develop a plan for deep energy retrofits that would best serve the facility for the next 50 years.
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What’s your greatest energy-savings opportunity?
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Truly serious efforts to get to zero recognize that the obligation starts with lowering demand. Buildings alone use 42% of the nation’s energy. Without tackling excessive building energy use, campuses are only going to glance around the target.
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