October 2024 - Inflation Reduction Act and 40% Tax Credits for Thermal Storage
October 07, 2024
11:45 AM - 1:00 PM
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Strathallan - City View Ballroom
550 East Avenue
Rochester, NY 14607
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| Event: |
Please join us on Monday 10/7 for our October lunch meeting at Strathallan City View Ballroom at 550 East Ave, Rochester, NY 14607. Our October event topic, speaker & details can be found below. This meeting will be a joint event with our friends with the Western New York Chapter of AEE and our Chapter theme is ASHRAE Membership Promotion - bring a friend or colleague! Update for 2024-25: In order to continue providing the same great monthly Rochester Chapter meeting experience we have provided over the past few years, the event ticket price adjustment will be implemented this year to keep up with rising event costs. This year, monthly event tickets will be $45 for ASHRAE Society Members and $55 for non-members and guests per event. When registering for the event, please select the appropriate ticket for each person attending. Please reach out with any questions regarding this registration process. |
| Topic: |
Inflation Reduction Act and 40% Tax Credits for Thermal Storage PDH Approved!!!Presentation Topic Objectives:•Understand the amount of tax credits a TES project qualifies for and if it must meet the Prevailing Wage and Apprenticeship Program requirements. •Understand how a thermal storage system can be charged with surplus solar and wind energy to support a clean grid. •Describe how to submit paperwork to the IRS to receive direct payment for a thermal energy storage tax credit. •Understand how a thermal storage project can qualify for both a tax credit and a utility rebate, and how that affects the economics.
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| Presented By: |
Paul Valenta, CALMAC Paul Valenta is a member of the American Society of Heating, Refrigerating and Air-Conditioning Engineers and is a LEED Accredited Professional. Paul is the Product Manager for Ice Bank® energy thermal energy storage heating and cooling systems for the CALMAC Portfolio of Trane. Paul started his HVAC career with Trane before spending most of his career with CALMAC as Vice President of Sales and Marketing before Trane acquired the company in November of 2017. He has a degree in electrical engineering from the University of Nebraska. |
| Tickets: | $45 for ASHRAE Members & AEE Members / $55 for Guests and Non-members |
| RSVP Deadline: | Register by 5:00 p.m. on Wednesday, October 2nd for in-person attendance. |
| Theme: | ASHRAE Membership Promotion, Joint Meeting with AEE |
| Notes: | 50/50 Raffle Tickets will be sold at the door (cash/check only) with proceeds to benefit ASHRAE Research Promotion. |
| Event Sponsor: | TBD |
Tickets
$45.00 ASHRAE SOCIETY MEMBER / AEE SOCIETY MEMBER - Technical Seminar & Lunch
$55.00 NON-MEMBER - Technical Seminar & Lunch
$750.00 Event Venue Sponsorship
$0.00 ASHRAE LIFE MEMBER - Technical Seminar & Lunch