INFLATION REDUCTION
ACT 2022

SUMMARY OF TAX CREDITS FOR WASTE ENERGY RECOVERY PROPERTY

Inflation Reduction Act

As a coalition of companies that work to advance the market for waste heat to power (WHP), the Heat is Power Association (HiP) is excited to see the United States Congress give a 30% Investment Tax Credit to “waste energy recovery property” through 2024 (for all qualified waste heat to power projects). We commend the efforts of our members, stakeholders, and public sector champions in bringing this accomplishment to fruition.

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For more information, contact:

HiP Executive Director Petra Smeltzer at petra@heatispower.org, or    HiP Federal Affairs Director Lynn Abramson at lynn@heatispower.org.

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