Engineering Tomorrow

In the latest installment of "Engineering Tomorrow," Brian Gomski engages with Joe Parsons from ClimateMaster, dissecting the complexities of geothermal tax incentives following recent legislative changes. As the Senior Marketing Sustainability Manager, Joe provides a wealth of insight into how these incentives can benefit commercial entities. The ClimateMaster, a seasoned player in the HVACR industry, has seen remarkable growth since 2004, expanding from a specialized air handler manufacturer to a comprehensive provider of custom HVACR solutions.This episode offers an exclusive look at the Inflation Reduction Act of 2022, which has dramatically increased tax credits for geothermal installations. With Joe's guidance, listeners will navigate the intricate details of qualifying for these benefits, from understanding the significance of the thermal transfer of systems to the implementation of prevailing wage rates and apprenticeship programs. ClimateMaster's trajectory from a small-scale operation to over 700 em