ABC is conducting an important survey of contractor members to gauge opinions and experiences with the Inflation Reduction Act’s prevailing wage and government-registered apprenticeship requirements on clean energy tax credits. Ensuring as many members as possible respond to this survey will be vital to providing effective, informed comments seeking regulatory clarity and pushing back on concerning aspects of a recent Internal Revenue Service proposed rule.

The IRA, opposed by ABC, provides over $270 billion in tax credits for the construction of solar, wind, electric vehicle charging stations and other clean energy projects. The proposed rule provides additional regulations regarding prevailing wage and GRAP requirements, which must be fulfilled to receive the full tax credits. Additionally, the proposed rule incentivizes union-favoring project labor agreements by exempting developers who use PLAs from increased noncompliance penalties. Comments on the proposed rule must be received by Oct. 30.

For more information on the proposed rule and other IRA requirements, visit abc.org/ira. Additionally, on Sept. 14, ABC conducted a webinar to provide insight into the proposed rule’s impact on clean energy construction. A recording of the webinar is now available on the ABC Academy website.

ABC distributed the survey on Sept. 18. Please email Michael Altman at [email protected] to receive the survey link or if you have any questions. The survey will close at 5 p.m. ET on Oct. 2.