Combined Heat and Power Alliance Statement on Title III of the Limit, Save, Grow Act

Apr 26, 2023

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Wednesday, April 26 (Washington, D.C.) — The Combined Heat and Power Alliance released the following statement on the House of Representatives’ planned vote on the Limit, Save, Grow Act, which repeals energy tax credits established by the Inflation Reduction Act:

 

“As the leading national voice for the deployment of combined heat and power (“CHP”), the Combined Heat and Power Alliance (CHPA) urges members of Congress to oppose Title III – Repeal Market Distorting Green Tax Credits of the Limit, Save, Grow Act of 2023. CHP is a highly efficient gas technology used in factories and buildings to generate electricity and heat, with the ability to function independently from the electric grid. CHP relies on natural gas, renewable natural gas, clean hydrogen, renewable propane, and other clean fuels to efficiently power their operations. This technology has a proven track record of making U.S. manufacturers and businesses more competitive.

“Repealing the clean energy tax credits in Title III will harm America’s manufacturers and businesses, as the tax credits enable private investments in CHP to reduce energy waste and make them more competitive. The CHPA strongly opposes the passage of this bill and urges members of Congress to vote against the Title III section.”

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About the Combined Heat and Power Alliance:

The Combined Heat and Power Alliance (CHP Alliance) is the leading national voice for the deployment of Combined Heat and Power (CHP) and Waste Heat to Power (WHP). We are a coalition of business, labor, contractor, non-profit organizations, and educational institutions with the common purpose to educate all Americans about CHP and WHP, and how CHP and WHP can make America’s manufacturers and other businesses more competitive, reduce energy costs, enhance grid reliability, and reduce emissions.