NTW 5/19: S-Corp deduction increase, NSPI, Partners in Wildfire Prevention & More
Industry News
Google Secures Approval for Geothermal to Power Data Centers
More than half — 55% — of the $3.55 billion invested in construction technology in the first quarter of 2025 went toward funding next-generation robotics and artificial intelligence-enabled technology, compared to less than 30% in all of 2024,
according to a report from Chicago-based Nymbl Ventures, a venture capital firm specializing in the built world.
NECA News
Latest Updates from the Hill
NECA's Government Affairs team is actively engaging with Congress to ensure pro-NECA provisions are enacted. We've had some big wins recently, including securing a permanent increase of the S-Corporation deduction to 23% for pass-through entities, which provides significant tax relief for NECA members, and restoring 100% bonus depreciation and raising the Section 179 limit to $2.5 million to support immediate expensing of investments.
Get Ready to Secure Your Spot
NECA 2025 Chicago is officially launching registration this Wednesday, May 21. With over 80 educational opportunities, 350+ exhibitors to meet and demo new products, and 4 days of endless networking, NECA 2025 will lay the foundation for your future success!
NECA Becomes Member of Partners in Wildfire Prevention
NECA is proud to join the Partners in Wildfire Prevention coalition to turn awareness into action amid a growing national crisis. This partnership brings together a diverse mix of energy groups, scientists, first responders, tech innovators, labor organizations, and business leaders to advance actionable, evidence-based policy solutions that will make communities and the nation more prepared to handle the growing wildfire threat.
Participate in NECA Safety Professionals Institute
Designed for new safety professionals in the electrical contracting industry, this program provides participants with the must–know topics for those responsible for keeping our workers safe! The institute consists of 7 hours of prework, three days of in-class learning in Washington, D.C. and a capstone project.
Upcoming Events
In-Person Events
NECA Safety Professionals Conference
Des Moines, IA | May 19 - 21, 2025
NECA NextGen Fly-In
Washington, DC | July 21-22
Virtual Classrooms
Purchasing Best Practices Virtual Classroom
June 12 | 9:00 a.m. - 12:00 p.m. ET
Basic Estimating of Electrical Construction
June 16 - 26 | 10:00 a.m. ET
Advanced Estimating Strategies
June 16 - 29 | 12:30 p.m.
ET
Transform Your Organization for the Future
June 18 | 12:00 - 3:00 p.m. ET
Webinars
NECA Future Leaders Webinar: Communicating in a Hybrid/Remote Workspace
June 18 | 1:00 p.m. ET
Future-Proofing Your Workforce: Strategic Labor Planning & Capacity Modeling
June 24 | 2:00 p.m. ET
Trends & Innovations in EV Infrastructure
Aug. 28 |
12:00 p.m. ET
Notable Dates
Mental Health Awareness Month
National Asian American and South Pacific Islander Heritage Month
Jewish-American Heritage Month
May 19 | Malcolm X's Birthday
May 26 | Memorial Day
NECAPAC
PAC Total - $307,467