Empact Technologies maximizes the financial, environmental and societal impact of America's IRA clean energy project incentives through industry-leading tax management technology and expertise
BackgroundOur founder Charles Dauber conceived of Warm Commerce after 10 years running an electrical equipment manufacturing, construction and services company focused on the traditional energy industry. Charles and Bill joined together with the vision to enable traditional energy and industrial companies to better manage relationships with their suppliers and contractors.
The company evolved to focus on the clean energy market and closed a significant contract with a large energy transition project developer.
In late 2022, the Inflation Reduction Act (IRA) was announced which included tax incentives for clean energy project developers and investors. To qualify for those tax incentives, developers needed to capture data from their project EPCs and subcontractors for Prevailing Wage & Apprenticeship requirements and data that proved project equipment was compliant to US domestic content regulations (both of which we already managed).
In August 2023, the company announced our new name Empact Technologies and our new IRA tax incentive management platform.
The name Empact comes from our vision to enable clean energy companies to create not only financial returns, but also community and environmental/ ecological impact as well.