Combined Heat and Power in the Inflation Reduction Act of 2022

Sep 19, 2022


The CHP Alliance held a webinar August 15 on the tax provisions in the Inflation Reduction Act of 2022 pertaining to combined heat and power and waste heat to power facilities. Topics discussed in the meeting included:

  • Extension of the existing Investment (ITC) and Production Tax Credits (PTC) and the transition to Technology-Neutral credits
  • Base and Bonus Rates for credits
  • Prevailing Wages and Apprenticeship requirements
  • Additional bonus credits: Domestic Content and Energy Communities
  • Direct Pay and Transferability of credits
  • The new Hydrogen Tax credit
  • The Advanced Energy Manufacturing Tax credit 

The CHP Alliance will publish a Q&A document on the IRA that will be updated routinely as more information on guidance is released in the coming months.

Please click here to download a copy of the slide deck presented by SC Partners.