Credits, Incentives, Code Enforcement and The Inflation Reduction Act

The Inflation Reduction Act may have already passed but there are still lots of questions about the credits, incentives and rebates contained within. How will the funds be distributed? Which states will benefit most? What’s the best way for contractors to ensure they can deliver these incentives to customers? Today we hope to answer these questions and more, which is why we’ve brought the foremost expert on the Inflation Reduction Act onto the podcast, Kara Saul Rinaldi.

Kara is the principal and founder of the Anndyl Policy Group and she joins IDI’s Ken Allison in a wide ranging discussion on this important legislation. Kara and her group acted as a vital conduit between legislators in Washington D.C and home builders to make sure that the Inflation Reduction Act provided as much value as possible to contractors.

In this podcast…

1:53 – Updates on the Inflation Reduction Act?

3:52 – Is the Greenhouse Gas Reduction Act mostly industrial or consumer available money?

6:21 – Shaping policy for every stakeholder from contractor to consumer

10:23 – What’s the difference between tax credits vs rebates?

15:54 – What are some of the states that are most excited about the 179D?

20:43 – Different states have different needs

23:55 – How can you work with your state’s energy office to get these rebates on the streets?

26:45 – What are some of the elements that are of particular interest to all of the contractors and manufacturers who are going to have to move this into the marketplace?

Getting Your Marketing Ready for Rebates and The Inflation Reduction Act

For contractors and consumers 2023 really is the “year of the rebate” courtesy of the Inflation Reduction Act. Potential customers are just starting to learn about how they can utilize these rebates to start new projects, which raises the question. How should you adjust your marketing plan to best capture the interest of these new prospects in your market?

Today on the R-Value Podcast, you will get golden nuggets of masterful marketing with our host, IDI’s own Ken Allison, and guest Peter Troast, the founder and CEO of Energy Circle. Peter is recognized as one of the country’s foremost authorities on marketing for home performance, HVAC and other efficiency related contracting companies. He authors the widely-read Energy Circle blog and is a passionate advocate for the power of the whole house home performance business model. He and his team work with over 350 companies in 49 states grow their business through services like website design and development, search engine optimization, lead generation and strategic content production.

In this podcast…

2:53 – Is there already consumer interest online on for the inflation reduction act and energy efficiency topics?

7:51 – What is a building science approach and how does it work?

10:02 – What are the buckets of search terms around insulation that are most important?

15:35 – Why long-form landing pages are the ticket to the future.

18:36 – The most important forms of marketing that you need to focus on.

26:09 – When will tax credits be available and how should that affect marketing timing?

29:05 – Should I be reaching out to non-profit program managers in my area?

35:24 – What Google is looking for in your business profile.

38:24 – Other things you can be doing to move the needle higher on Google.

The Most Underused Tax Credit: Understanding 179D with Bill Harbeson

A lot of changes are coming to tax credits and other ways to save contractors and their clients money with the passing of the Inflation Reduction Act. This includes not only new programs, but also adjustments to regulations and extensions around exisitng credits like the 179D. It’s one of the most underused credits but it can save business lots of money. Knowing more about these credits can be a critical game-changer for your business.

In this episode, IDI Distributors’ Ken Allison sits down with Bill Harbeson, CPA/Manager at one of the largest accounting and consulting firms in the country, Cherry Baekert. Cherry Bekaert provides guidance and support that helps clients move forward to reach their organizational goals. They discuss the benefits and nuances of the 179D and how it can make a big impact our on your business.

In this podcast:

1:59 – What is the 179D tax credit?

8:00 – What’s necessary to qualify for the 179D tax credit?

21:47 – Who can claim the deduction for the building? How did the Inflation Reduction Act change this?

25:29 – What’s the best “bang for your buck” projects for insulators as it relates to this deduction?

29:00 – Which buildings are the best targets for this deduction?

30:45 – What if you own your own shop?

37:20  – What is Cherry Baekert’s role in helping contractors with 179D?