In August 2022, President Biden signed into law the Inflation Reduction Act of 2022. Under this law, there are increased tax benefits for certain clean energy projects that begin on or after January 29, 2023 – with a catch. Such projects must use both registered apprentices and prevailing wages (and fringe benefits)must be paid. Employers (construction companies, subcontractors) working on a clean energy project should be sure to verify whether this applies to you. The DOL has provided some general guidance here that such employers may find helpful.
