Josh Steinmetz
CEM, PE
Eide Bailly, LLP | Director, 179D Energy Incentives
Speaker
Track C- Decarbonization and Electrification Strategies
Session C1: Clean Power, Real Impact: The Rise of Renewable Technologies
June 25, 2025 | 2:00 pm - 2:30 pm
Geothermal For The Win: Tax Credits, Operational Savings, and Energy Conservation
| The Inflation Reduction Act will result in the distribution of more than $1 Trillion in incentives through 2032, and one of the biggest beneficiaries will be the Geothermal industry. Ground-source HVAC systems have long been desired by organizations wishing to heat and cool their buildings efficiently, but the initial cost often made such projects unviable. Federal incentives have redefined the financial aspect of geothermal projects: first cost is now more in line with (and frequently less expensive than) conventional HVAC systems. Building owners – including public and non-profit entities – now have the opportunity to meet their energy conservation and electrification goals while realizing significant operational cost savings. This session will include: -Estimating Federal Credits and Incentives for geothermal projects -Discussion of which components of a geothermal HVAC system are eligible for credits -How non-profits and government entities are also eligible -Case studies |
Speaker Bio
Josh directs the 179D Energy Incentives Team, providing federal tax benefits to clients with energy-efficient buildings. As a licensed Professional Engineer and Certified Energy Manager, he also consults on the technical aspects of building design and economics while providing onsite expertise. Josh's attention to detail helps make the process of obtaining energy incentives smooth and effective. From onboarding to final certification, each project is handled with professionalism and accuracy.
When he’s not looking at chillers, boilers and LED lighting, Josh enjoys hiking, camping, traveling, bowling and softball.