June 12, 2023 (Washington, D.C.) — The House Ways & Means Committee plans to markup H.R. 3938, the Build It in America Act. The Combined Heat and Power Alliance released the following statement on the bill’s proposed repeal of certain clean energy provisions 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 of the Build It in America Act of 2023, which repeals the clean electricity production and investment tax credits established by the Inflation Reduction Act. CHP is a highly efficient technology used in factories and buildings to generate electricity and heat, with the ability to function independently from the electric grid.
“Repealing these credits will undermine the competitiveness of America’s manufacturers and businesses, as the tax credits enable private investments in CHP to reduce energy waste. Repeal of these tax credits will also undermine rural economic development by eliminating incentives to encourage efficient use of biomass, renewable natural gas, renewable propane, clean hydrogen, and other clean fuels, many of which are produced and used in rural areas.
“The CHPA strongly urges members of Congress to vote against Title III.”
About the CHP 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.