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Plumbing NewsPlumbing & Mechanical ContractorRadiant & HydronicsHigh Efficiency Homes

Inflation Reduction Act offers opportunities for plumbing contractors

ServiceTitan’s Chris Hunter discusses how contractors can grow their workforce and maximize existing labor to capitalize on opportunities presented by the IRA.

By Nicole Krawcke
May 17, 2023

Last summer, President Joe Biden signed the Inflation Reduction Act into law. The estimated $737 billion legislation could mean thousands of dollars to improve building efficiency. The law aims to fight inflation, invest in domestic energy production and manufacturing and reduce carbon emissions.

The Act presents an opportunity for plumbing and HVAC contractors, who can leverage tax credits when selling system upgrades to their customers. However, with more homeowners taking advantage of this new legislation and tax credits, it puts a strain on home service contractors who are already short-staffed as it is.

Plumbing & Mechanical Chief Editor Nicole Krawcke sat down with Chris Hunter, a former contractor and director of customer relations or ServiceTitan, to discuss what the Inflation Reduction Act (IRA) means for the trades and how contractors can prepare and maximize their existing labor using technology.

KEYWORDS: energy efficiency heat pumps Inflation Reduction Act rebates sales sustainability tax credits

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Nicole krawcke 2024

Nicole Krawcke is the former Chief Editor of Plumbing & Mechanical and PM Engineer magazines. She covered the HVAC and plumbing industries for BNP Media. She has more than 15 years of writing and editing experience and holds a bachelor’s degree in Journalism from Michigan State University.

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