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).
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SOURCE National Electrical Contractors Association