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DTSTART;TZID=America/New_York:20260928T140000
DTEND;TZID=America/New_York:20260928T150000
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SUMMARY:Webinar - Maximizing Geothermal Incentives for ESCO Projects
DESCRIPTION:This session will provide details on how to maximize federal investment tax credits (ITC) for geothermal heating/cooling projects delivered through performance contracting. State/local/utility incentives will be included to illustrate how stacking geothermal incentives can increase project scope\, decrease payback\, improve cash flow and accelerate decarbonization. Updated Direct Pay/Elective Pay\, prevailing wage\, apprenticeship\, domestic content and energy community requirements will be detailed. Determining geothermal viability through desktop review/indicative proposals for early phases of performance contracting will be reviewed. The progression of geothermal development during the investment grade audit (IGA) to a constructable firm fixed price net of incentives will be detailed. Attendees will understand requirements during construction\, commissioning\, measurement and verification (M&V) to ensure timely ITC credit or direct payment is received and audit-proof.\nPresenters:JC Caine\, Sr. Director\, Business Development\, Brightcore Energy\, Sam Chussid\, Sales Engineer\, Brightcore Energy\, Josh Howes\, Chief Executive Officer\, Walker Blue\nLearning Objectives:Identify the requirements for geothermal federal investment tax credits (ITC)\, State grants\, and local utility incentives to increase project scope\, improve ROI and shorten pay back. This includes prevailing wage & apprenticeship and domestic content requirements.Determine geothermal viability during preliminary assessment/RFQ/RFP Phases of an ESCO project. Develop ROM geothermal design options together with price & savings to accommodate building heating & cooling loads and the impact of federal ITC and local incentives on project cash flow.Identify the design and constructability details required to progress from a geothermal indicative proposal to developing a firm fixed price & savings included in an investment grade audit (IGA).  This includes feasibility\, test well\, design\, field measurements\, and finalized geothermal solution net of federal ITC and local incentives.Understand the requirements during construction\, commissioning\, measurement & verification (M&V) to ensure the geothermal solution produces the guaranteed savings\, secure the investment tax credits (ITC) or direct payment is received and audit-proof.  \nNAESCO has submitted this webinar to the AIA for 1 CEU approval. NOTE: Beginning in 2023\, all NAESCO webinars will be offered to all attendees at no cost. Recordings and slides will be available to members only\, after the webinar.
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE html><html><head><title></title></head><body aria-disabled="false"><p style="margin-left:.25in\;">This session will provide details on how to maximize federal investment tax credits (ITC) for geothermal heating/cooling projects delivered through performance contracting. State/local/utility incentives will be included to illustrate how stacking geothermal incentives can increase project scope\, decrease payback\, improve cash flow and accelerate decarbonization. Updated Direct Pay/Elective Pay\, prevailing wage\, apprenticeship\, domestic content and energy community requirements will be detailed. Determining geothermal viability through desktop review/indicative proposals for early phases of performance contracting will be reviewed. The progression of geothermal development during the investment grade audit (IGA) to a constructable firm fixed price net of incentives will be detailed. Attendees will understand requirements during construction\, commissioning\, measurement and verification (M&amp\;V) to ensure timely ITC credit or direct payment is received and audit-proof.</p><p style="margin-left:.25in\;"><br /></p><p style="margin-left:.25in\;"><strong fr-original-style="" style="font-weight: 700\;">Presenters:</strong></p><p style="margin-left:.25in\;">JC Caine\, Sr. Director\, Business Development\, Brightcore Energy\, Sam Chussid\, Sales Engineer\, Brightcore Energy\, Josh Howes\, Chief Executive Officer\, Walker Blue</p><p style="margin-left:.25in\;"><br /></p><p style="margin-left:.25in\;"><strong fr-original-style="" style="font-weight: 700\;">Learning Objectives:</strong></p><ul fr-original-style="" style="list-style-position: inside\;"><li>Identify the requirements for geothermal federal investment tax credits (ITC)\, State grants\, and local utility incentives to increase project scope\, improve ROI and shorten pay back. This includes prevailing wage &amp\; apprenticeship and domestic content requirements.</li><li>Determine geothermal viability during preliminary assessment/RFQ/RFP Phases of an ESCO project. Develop ROM geothermal design options together with price &amp\; savings to accommodate building heating &amp\; cooling loads and the impact of federal ITC and local incentives on project cash flow.</li><li>Identify the design and constructability details required to progress from a geothermal indicative proposal to developing a firm fixed price &amp\; savings included in an investment grade audit (IGA). &nbsp\;This includes feasibility\, test well\, design\, field measurements\, and finalized geothermal solution net of federal ITC and local incentives.</li><li>Understand the requirements during construction\, commissioning\, measurement &amp\; verification (M&amp\;V) to ensure the geothermal solution produces the guaranteed savings\, secure the investment tax credits (ITC) or direct payment is received and audit-proof. &nbsp\;</li></ul><p><br /></p><p style="box-sizing: border-box\; margin: 0px 0px 1rem\; font-family: Lato\, sans-serif\; font-size: 16px\; font-style: normal\; font-variant-ligatures: normal\; font-variant-caps: normal\; font-weight: 400\; letter-spacing: normal\; orphans: 2\; text-indent: 0px\; text-transform: none\; widows: 2\; word-spacing: 0px\; -webkit-text-stroke-width: 0px\; white-space: normal\; text-decoration-thickness: initial\; text-decoration-style: initial\; text-decoration-color: initial\; color: rgb(34\, 34\, 34)\; text-align: justify\; background-color: rgb(255\, 255\, 255)\;"><strong fr-original-style="box-sizing: border-box\; font-weight: 700\;" style="box-sizing: border-box\; font-weight: 700\;">NAESCO has submitted this webinar to the&nbsp\;<a fr-original-style="box-sizing: border-box\; background-color: transparent\; color: rgb(160\, 80\, 151)\; text-decoration: none\; user-select: auto\;" href="https://www.aia.org/" style="box-sizing: border-box\; background-color: transparent\; color: rgb(160\, 80\, 151)\; text-decoration: none\; font-family: Poppins\, sans-serif !important\; user-select: auto\;">AIA</a> for 1 CEU approval.&nbsp\;</strong></p><p open="" style="box-sizing: border-box\; margin: 0px 0px 20px\; font-family: Lato\, sans-serif\; font-size: 16px\; font-style: normal\; font-variant-ligatures: normal\; font-variant-caps: normal\; font-weight: 400\; letter-spacing: normal\; orphans: 2\; text-indent: 0px\; text-transform: none\; widows: 2\; word-spacing: 0px\; -webkit-text-stroke-width: 0px\; white-space: normal\; text-decoration-thickness: initial\; text-decoration-style: initial\; text-decoration-color: initial\; text-align: justify\; background-color: rgb(255\, 255\, 255)\; color: rgb(119\, 119\, 119)\; line-height: 26px\;"><b style="box-sizing: border-box\; font-weight: 700 !important\;"><span style="box-sizing: border-box\; font-family: Arial\, Helvetica\, sans-serif\; color: rgb(0\, 0\, 0)\;">NOTE: Beginning in 2023\, all NAESCO webinars will be offered to all attendees at no cost. Recordings and slides will be available to members only\, after the webinar.</span></b></p></body></html>
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DTSTAMP:20260908T163741Z
URL:https://nationalassociationofenergyservicecompaniesnaesco.growthzoneapp.com/eventcalendar/Details/webinar-maximizing-geothermal-incentives-for-esco-projects-1915109?sourceTypeId=Hub
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