INTIEAUnited States · Prevailing Wage and Apprenticeship Bonus ProvisionsPolicyIn force

Prevailing Wage and Apprenticeship Bonus Provisions

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) released final rules  on prevailing wage and registered apprenticeship (PWA) requirements in the Inflation Reduction Act.  As part of the Biden-Harris Administration's Investing in America agenda, the…

Last changed 1 year ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

  1. Effective
  2. Last change

Country / jurisdiction: United States · Year: 2024 · Status: In force · Level: National · Type: Voluntary

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) released final rules  on prevailing wage and registered apprenticeship (PWA) requirements in the Inflation Reduction Act.

As part of the Biden-Harris Administration's Investing in America agenda, the final rules will help build a strong pipeline of highly-skilled workers to support the growth of the clean energy economy and ensure clean energy jobs are good-paying jobs.  inal rules from Treasury – which were developed in close partnership with the Department of Labor (DOL) – provide clarity and certainty on the PWA requirements to ensure the clean energy transition is centered around workers. In general, if taxpayers pay prevailing wages to laborers and mechanics and hire registered apprentices for projects supported by most of the Inflation Reduction Act’s clean energy tax incentives, then taxpayers can claim an increased credit equal to five times the base incentive. This includes projects utilizing the investment and production tax credits that help finance utility-scale wind, solar, and battery storage projects, as well as for credits for carbon capture, utilization, and storage and clean hydrogen projects.

Official source: https://home.treasury.gov/news/press-releases/jy2413

Source

https://www.iea.org/policies/20677

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

Related in International

INTEnergy Newsoilprice:oilprice-article-45314NewsIn force

Big Oil Is Betting Billions On Nuclear Fusion

After decades confined largely to laboratories, nuclear fusion is beginning to attract the kind of money and industrial planning normally reserved for technologies expected to make it onto the grid. Global private investment in fusion hit a record $4.48 billion in 2025, up 69% from a year earlier, while some of the world’s largest energy companies are moving beyond simply backing fusion startups. Italian energy giant Eni S.p.A. (NYSE:E) now plans to deploy a commercial fusion power plant in Europe by the early 2040s or sooner, building on…

5 hours ago
INTEnergy Newsoilprice:oilprice-article-45318NewsIn force

The U.S. Power Play in Iraq That Moscow and Beijing Didn’t See Coming

As Russia remains occupied with its war in Ukraine, Iran focuses on defending its territory against U.S. and Israeli attacks, and China maintains its involvement in both conflicts under the bar that would trigger direct conflict with America, Washington is leveraging its position in Iraq. These efforts by the U.S. and its allies have taken on further urgency as Iraqi Prime Minister Ali al-Zaidi announced last week that the country plans to raise oil production to between 8 million barrels per day (bpd) and 10 million bpd within six years -- so…

7 hours ago
INTEnergy Newsoilprice:oilprice-news-45318NewsIn force

SPR Sinks Toward Operational Minimum as U.S. Crude Inventories Build

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.2 million barrels in the week ending August 21. Analysts had expected a 1.9 million-barrel build. In the week prior, US crude oil inventories fell by 328,000. Commercial crude oil inventories excluding the SPR have lost just over 45 million barrels over the last nineteen weeks, with US crude inventories up 5.8 million for the year, according to API data, kept in check by draws from the SPR. For the week ending August 21, another 3.7 million…

8 hours ago
INTEnergy Newsoilprice:oilprice-article-45317NewsIn force

U.S. Refiners Face New Crude Squeeze as Canada Cuts Oil Sands Output

U.S. refineries have been running at full speed for months to make up for lost fuel supply from the Middle East. Fuel exports from the United States have been breaking records. This may be about to change, and not because of the war. It is oil sands maintenance season in Canada. In September, Canadian crude oil production may drop by 300,000 barrels daily due to maintenance activities in the oil sands, Rystad Energy said this week, as quoted by Bloomberg. Usually, whenever such a seasonal disruption occurs, it gets offset with crude from storage.…

8 hours ago
INTEnergy Newsrigzone:https://www.rigzone.com/news/wire/oil_drops_as_iran_diplomacy_gains-25-aug-2026-184459-article/?rss=trueNewsIn force

Oil Drops as Iran Diplomacy Gains

Oil extended losses as traders saw fewer signs of military escalation and US sanctions on Iran proved less severe than feared.

9 hours ago