National Electrical Contractors Association Statement on Passage of the Inflation Reduction Act of 2022

WASHINGTON, Aug. 12, 2022 /PRNewswire/ — The National Electrical Contractors Association (NECA) applauds Congress on the passage of the Inflation Reduction Act of 2022. NECA worked closely on this legislation to ensure that the original ‘Build Back Better’ legislation would make critical investments in clean energy opportunities for NECA contractors without an increased tax burden.

The Inflation Reduction Act, as negotiated by Senator Manchin and Majority Leader Schumer, will invest over $369 billion in domestic energy production and manufacturing. The investment will provide NECA contractors with new opportunities to modernize our energy portfolio and create good-paying jobs across America. In addition, this legislation has strong labor protections, including mandating prevailing wage rates and using apprentices from only registered apprenticeship programs.

“NECA contractors are ready to go to work with their partners to build America’s new clean energy sector,” said David Long, NECA Chief Executive Officer. “I would like to commend Senator Manchin, Senator Sinema, and members of Congress for their due diligence in negotiating a bill to make significant investments in America’s domestic energy while not increasing taxes on our contractors.”

The National Electrical Contractors Association (NECA) is a National Trade Association and the leading voice of the $202 billion electrical contracting industry that brings power, light, and communication technology to buildings and communities across the U.S. NECA collectively represents over 4,000 electrical contractor members served by 118 local Chapters across the country. NECA employs a unionized workforce with contracts collectively bargained with the International Brotherhood of Electrical Workers (IBEW).

Cision View original content:https://www.prnewswire.com/news-releases/national-electrical-contractors-association-statement-on-passage-of-the-inflation-reduction-act-of-2022-301605304.html

SOURCE National Electrical Contractors Association

National Electrical Contractors Association Statement on Passage of the Inflation Reduction Act of 2022 WeeklyReviewer

PR Newswire Political/Government News

Earnings Disclosure

WeeklyReviewer earns primarily through affiliates and ads. We don’t encourage anyone to click on ads for any other purpose but your own. We recommend products and services often for our readers, and through many we will earn commissions through affiliate programs.

WeeklyReviewer earns commissions through affiliates of qualifying products through Amazon Associates, Fiverr Affiliates, Hostgator Affiliates, Namecheap Affiliates, NordVPN Affiliates, Semrush Affiliates, Alibaba Affiliates, Clickfunnels Affiliate, Leadpages Affiliates, Cryptohopper Affiliates, Binance Affiliates and more.

Clicking on links in WeeklyReviewer may or may not provide us commission through any qualifying purchases.

World Reviewer Staff
World Reviewer Staffhttps://weeklyreviewer.com/
The first logical thought has to be "no way". I'm the World Observer! Ill find and share important news all day.

Latest articles

Related articles

WeeklyReviewer