The Inflation Reduction Act: How It Affects Phius

The Inflation Reduction Act provides incentives for all types of construction and will strongly affect Phius.

One of the issues faced by the Phius community is the fact that buildings built to the Phius standard can often be more expensive than one built to code. The Phius community continues to work to ameliorate the incremental cost for projects without compromising the quality or energy efficiency of buildings constructed to the Phius standard. The Inflation Reduction Act (IRA), the recently enacted federal legislation that includes measures to address climate change, provides tools to address the cost issue through tax credits and rebates. Moreover, through sections aimed at the adoption and implementation of net zero energy codes, the IRA positively intersects with Phius on the organization's work to bring Phius into the energy code. This presentation will discuss how the IRA complements and perhaps accelerate the construction of Phius projects.

Check out the recent article Isaac wrote about the impacts of the Inflation Reduction Act. We now know even more so this meeting will build on what's highlighted in this article.

About the Presenter
Isaac Elnecave joined the Phius Certification Team in 2019. He provides design review and energy modeling services to evaluate project qualifications for Phius+ Certification. Isaac works closely with the submitting CPHC® to provide feedback on questions pertaining to energy modeling and building plans.

Prior to joining Phius, Isaac worked as a policy manager focused on promoting the development, adoption and implementation of the latest building energy codes and appliance efficiency standards. Isaac also worked as a civil engineer in Southern California where he designed seismic retrofits for older buildings susceptible to damage from earthquakes.

Isaac has a Bachelor's Degree in Engineering Mechanics from the Columbia University School of Engineering and Applied Science as well as a Masters in Public Policy from the University of California at Los Angeles.