The Inflation Reduction Act (IRA), which includes an Investment Tax Credit (ITC) for electrochromic glass, was passed in August 2022. Halio, with assistance from an independent law firm Foley & Lardner LLP, and input from other industry experts, has conducted an analysis
with respect to how ITC can apply to the electrochromic (smart) glass market.
Get more information about ITC or talk to our experts by scheduling a call.
Stay in the know regarding the benefits of ITC for Electrochromic (smart) glass.
Memorandum by Foley & Lardner and joint letter/comments to the IRS.
Typically, Electrochromic smart glass will be as affordable as Low-e glass, and often even more affordable. The example below illustrates a 40% ITC, saving upfront costs, while delivering direct benefits of a smart glass building once occupied, including up to 22% energy savings, lower OpEx/maintenance, unobstructed views, and beautiful building aesthetics.
Learn more about the benefits and impact of ITC by using Halio Smart Glass. Talk with an expert about your next building project and how ITC can work for you.