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INFLATION REDUCTION
ACT 2022

SUMMARY OF TAX CREDITS FOR WASTE ENERGY RECOVERY PROPERTY

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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.

Have Questions regarding the ITC?

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© 2021 | Heat is Power |  All Rights Reserved

The Heat is Power Association (HiP) is the trade association for the waste heat to power (WHP) industry. HiP educates decision makers about clean energy from waste heat and lobbies for policies that provide parity for WHP with other sources of emission-free power.

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