Expert Information
From the leaders of Pearl Certification
The Inflation Reduction Act
A six part series by Pearl Certification to help contractors take navigate of and benefit from the federal Inflation Reduction Act.
Part One: New Efficiency Tax Credits
Than You Can Use to Drive Sales Today
Tax credits that you can use to drive sales today – Part One: In this six-part series, contractors will learn about the “what, when and where” on the billions of federal funding meant to drive home energy efficiency and electrification.
Part Two: Billions in Rebates
Coming Soon to a State Near You
Rebates that can fund homeowner upgrades – Part Two: Electrification and Home Efficiency Rebates provided by the Inflation Reduction Act will soon be available to homeowners. Learn how these rebates can be applied to HVAC projects and how your business needs to prepare to benefit from these programs.
Part Three: How to Capitalize on IRA Incentives
Preparing Your Business for the Inflation Reduction Act’s Rebate Programs
Part Three: Things to consider: What type of installs do you do now and how will IRA impact them? What type of work are you willing to do? Are you willing to pilot or partner now? Depending on your growth strategy, can IRA help you grow lines of business, market share, and lifetime value? If so, what training, tools, software, and staffing will you need? Who can help you think through that?
Part Four: Contractors Need to Asses Business Practicese in Preparation for New IRA Incentives
States Will Be Announcing Rebate Programs in the Next Few Months
Part Four: Now it’s time to dig deeper into the program requirements we know about today that contractors will have to incorporate into their business practices in order to participate at all. While I will describe these requirements at a high level, it will be up to the states and their program implementers to provide the details.
Part Five: Tools You Can Use: Before, During, and After IRA Programs Launch
Part Five: While each state will have different implementation and verification flavors, core requirements are outlined in the IRA guidance provided by the US Department of Energy (DOE), as well as initiatives by the DOE-supported labs such as the Pacific Northwest National Lab (PNNL).
Part Six: Our Shot on Goal: The IRA and Market Transformation
Part Six: In prior articles I have explained what the Inflation Reduction Act is, how you can leverage it to grow your business, and the tools you will likely need. In this, my last article, I will dive into a very important, wonky-sounding topic you may have heard very little about: Market Transformation.
About the Author
Cynthia Adams is CEO and Co-Founder of Pearl Certification, and a frequent presenter on the Inflation Reduction Act’s incentive programs. Adams co-founded Pearl to help quality contractors differentiate to close more and upsell by providing homeowners a certified install. Pearl’s certification helps homes sell and appraise for more. Pearl Certification, has a Rebate Finder app that can assist with staying up to date on these programs. For more information, email info@pearlcertification.com.
About Pearl Certification
Pearl Certification offers a wealth of resources for contractors and other professionals in the plumbing, heating and cooling industry. Visit pearlcertification.com to learn more about the organization.