Learners Live

NAED Attends “Unleashing Alaska”

The event titled “Unleashing Alaska,” touched on recent Trump Administration efforts to unleash vast oil, gas, and mineral extraction in the state, and forward-looking efforts to craft durable policy by codifying permitting reform through efforts like the SPEED Act, which NAED supports. According to Citizens for Responsible Energy Solutions (CRES), today’s permitting bottlenecks have been estimated to delay $1.5 trillion in projects that are awaiting final approval.  Further, these delays are responsible for a 30% increase in construction costs for developments and $140 billion in lost annual revenue. These efforts, combined with broad-based permitting reform, have the potential to have significant impacts on America’s capacity to extract more oil, natural gas, and minerals in the future. NAED Attends “Unleashing Alaska” – electrifiED

NAED Backs NEMA Tariff Incentive Proposal

Electrical equipment and grid components are the backbone of America’s energy, manufacturing, grid, and AI dominance priorities. To power growing demand for electricity, industrial capacity, and data centers, more of this infrastructure must be produced here at home. NEMA’s tariff incentive framework introduces a three-pronged approach to targeted, time-limited tariff incentives that support the Trump Administration’s industrial policy and energy objectives:

  1. Capital Investment in U.S. Manufacturing Incentive: A tariff offset equal to any capital investments made to build or expand a domestic manufacturing facility, available for up to three years after the facility is operational.
  2. Grid Infrastructure Incentive: A tariff offset for goods or raw materials used to build or operate our power infrastructure essential to global competitiveness, including but not limited to substations, on-site generation, distribution equipment, and data centers.
  3. Domestic Manufacturing Incentive: A tariff offset for manufactured goods that meet federal domestic content requirements.

NAED applauds NEMA’s innovative approach to incentivizing domestic manufacturing and grid expansion. To read NEMA’s tariff incentive proposal, click hereNAED Backs NEMA Incentive Proposal – tEDmag

Powering the Future: Insights on the Growing Electrification Market

As electricity demand continues to grow, the electrical distribution industry is uniquely positioned to help lead the transformation of the energy landscape with the services, materials, and solutions needed to support its customers and drive progress. To help members navigate this shift, NAED’s Education & Research Foundation, in partnership with Ducker Carlisle, presents the research study: Electrification Drivers, Disruptors, and Scaling Your Business. This study delivers valuable insight into:

  • What’s driving electrification—and what may disrupt it
  • The most promising project areas for distributors
  • How to strategically scale and prepare your team

NAED Electrification Research

NAED Statement on House Ways & Means Committee Reconciliation Bill

 Wes Smith, President and CEO of the National Association of Electrical Distributors, provided the following statement: The businesses we represent—located in every state and Congressional district—have seen firsthand how the Tax Cuts and Jobs Act (TCJA) has fueled growth across the electrical distribution industry, from small enterprises to large distributors. By lowering marginal tax rates, enhancing expensing provisions, increasing the estate tax threshold, and establishing the 20% small business deduction under Section 199A, the TCJA has been a powerful catalyst for economic progress. We applaud the pro-business, pro-growth tax provisions, including the Section 199A deduction, enhancements to the 179 expensing, modifications to the Estate Tax, and the temporary restoration of Bonus Depreciation.  NAED Statement on House Ways & Means Committee Reconciliation Bill – tEDmag

The First Edition of the Encyclopedia Britannica Is Published on Dec. 10, 1768  The Encyclopedia Britannica, the oldest continuously published and revised work in the English language, was first made available to the public in Edinburgh, Scotland. This monumental work, which would go on to become a cornerstone of knowledge, marked the beginning of a publication that has influenced generations of scholars, students, and curious minds around the world.  The Encyclopædia Britannica was the brainchild of Colin Macfarquhar, a Scottish printer and bookseller, and Andrew Bell, a Scottish engraver. Together, they sought to create an authoritative, comprehensive, and accessible work that would encapsulate the growing body of knowledge of their time.  What began as a small printing project in Edinburgh grew into one of the most influential reference works in the world, providing access to knowledge and intellectual insight for generations, helping to shape the way we think about history, science, culture, and the world around us. Today, the Encyclopedia Britannica is regarded as one of the most influential reference works in the world. Our personal library to help us learn.  I hear  something better is coming along………