Have new jobs that need to be IRA compliant?

The Inflation Reduction Act (IRA) is a federal law, enacted in 2022, that includes a number of clean energy incentives, including provisions to bolster the solar industry.  It provides increased tax credits for solar construction and incentivizes professionalization of the solar industry workforce.

Why should you comply with the new IRA requirements?

IRA Compliance provides a 5X base tax credit for electricity generated by project.

  • PREVIOUS CREDIT: 0.3 cents multiplied by the kilowatt hours of electricity for 10 years
  • NEW CREDIT: 1.5 cents multiplied by the kilowatt hours of electricity for 10 years

Your investment in our apprenticeship program will pay off in just a matter of months!

How much money does that  add up to?

  • Assuming 5,000 kWh of electricity generated per day per megawatt, over 10 years, the tax credit will increase from an estimated $54,750 up to $273,750 per mW. 
  • That means that a 20 mW project could receive $4.38M more in tax credits through IRA compliance than it would otherwise. 

Does the IRA apply to my project?

The new IRA requirements and tax credit applies to all new solar construction projects over 1 mW that meet the IRA Requirements

What are the apprenticeship enrollment requirements?


  • 15% of all hourly labor conducted by apprentices enrolled in DOL registered apprenticeship program.

  • 1 to 1 ratio for on-site apprentices and mentors each day.

  • Applies to total on-site hours over construction and work done during the tax credit period.

What are the requirements of the IRA?


  • Meet current wage standards for
    on-site employees

  • Meet the apprenticeship program enrollment minimum

What if I don’t meet the minimum apprenticeship hours required?

  • To qualify for the tax credit, any hours under the 15% requirement must be paid at a rate of $50/hour penalty when the credit is applied.

  • Remember, the apprentice hours requirement applies to the summation of all hours in the construction of the project. If you have an in-progress project, it’s not too late to start occruing hours.

We can help your solar project meet the IRA requirements!

Our solar training apprenticeship program:
 
  • Includes a mentorship program to ensure you can meet the 1:1 mentor to apprentice ratio

  • Provides reporting to the IRA for qualified hours to help with your records
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Get your employees enrolled today!

Contact Us

We will get the application process started and submit new apprentices to the DOL


Assign Mentors 

Work hours need  a 1:1 mentor to apprentice ratio. We offer mentorship assessments and certificates 


Start Accruing Hours

Once an apprentice has a DOL ID and mentors have certificates, they can now start accruing hours towards IRA credits

Phone: +1 303 493-1737

Email: info@camservicesco.com

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