Take Action: Ask Congress to Turn Heat Into Clean Energy

Take Action: Ask Congress to Turn Heat Into Clean Energy

Take ActionPhoto Credit: Dave Trumpie

Tell Congress that you support the Power, Efficiency, and Resiliency (POWER) Act.

More than 110 businesses, trade associations, nonprofit organizations, and research institutions have endorsed the POWER Act. See the list
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Each year, more than two-thirds of the fuel used to generate energy in the United States is lost as wasted heat—enough to power the entire nation of Japan. Proven technologies such as combined heat and power (CHP) or waste heat to power (WHP) capture wasted heat from electricity generation and industrial processes and use it to heat buildings and/or generate additional electricity.

Research has shown that when businesses adopt highly efficient energy systems in industrial, institutional, and commercial settings, it significantly reduces costs, curbs pollution, and enhances the resilience of the commercial electricity grid. Significantly increasing the deployment of CHP and WHP could create as many as 1 million highly skilled jobs and spur more than $200 billion in private investment. By making power where it is used, CHP systems ensure that critical facilities—such as hospitals, police stations, and water treatment plants—are able to continue operating even when the electrical grid goes down.

Solar energy and fuel cells benefit from a 30 percent investment tax credit, but for CHP, the credit is set at just 10 percent and includes limits on project size that make large industrial systems ineligible. WHP systems are excluded from the credit. The POWER Act places CHP and WHP on par with other clean and efficient energy technologies, reducing the initial capital cost of deploying these projects.

These changes would reduce the initial capital cost of installing WHP and CHP projects, spurring investment in these energy-saving units. Extending the tax credit to include WHP would encourage developers to take advantage of the thousands of unrealized megawatts of potential. Flexible incentives would mean more U.S. companies could install these systems, making some of the largest power users more efficient, productive, and competitive.

Let Congress know: The POWER Act is a win-win for America!

 

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