Inflation Reduction Act
For Consumers:
Thanks to the Inflation Reduction Act, the transition to a green economy is expected to save families an average of $1,000 per year in energy costs. Millions of Americans are already eligible for tax credits that will make it easier and more affordable for them to upgrade to more efficient appliances, purchase an electric vehicle, install residential clean energy systems, and save money on their energy bills. Learn more at our Inflation Reduction Act resource for consumers.
For Nonprofits and Governments
The Inflation Reduction Act (IRA) is a game-changer for public and nonprofit entities looking to take a front-seat role in building the American clean energy economy. Thanks to IRA’s transformative “direct pay” provisions, tax-exempt and governmental entities can now receive a cash payment equal to the full value of the tax credit for eligible clean energy investments. Learn more at our Inflation Reduction Act resource for nonprofits and governments.