July 2023

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ENERGY PROGRAMS... from page 38.

community associations’ challenges in capital projects and budgeting by tak ing advantage of money allocated to each state for clean energy credits. The predecessor to the act was the Build Back Better plan. If you turned on the news anytime in late 2021 and 2022, you probably could not avoid hearing about the fight in Congress from the left, the right, and Joe Manchin(D) of Virginia, that panned the 3.5 trillion-dol lar version. Over 350 billion of the Inflation Reduction was allocated towards

green energy programs in three ways. Suppose you can forget any bad experience you’ve had. In that case, this valid program is available for sin gle-family homeowners and multi-family properties classified as commercial. Still, the challenge is how a homeowner or property manager for the members and communities they represent takes advantage of these programs. We could only have navigated this program with an Energy Ally, so I must shamelessly thank the team of M&M Electric, who brought us to the forefront of taking advantage of this program because this is not a one size fits all program. I am no expert in calculating energy savings and how the credits are applied. However, when engaging with an Energy Ally, it is important to remember that it is okay when they mention the National Energy Improvement Fund (NEIF). Under the current version of the NEIF,

phone, ignoring the spam warning to be bombarded with the line. We are an energy provider to save you on your energy bill. Nevertheless, I started the deep dive to learn more. President Joe Biden signed the Inflation Reduction Act in August of 2022, which is an example of legislation that came out far different than the initial bill presented to Congress. However, the slimmed-down version can help address

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JULY 2023

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