Go Green and Save
The U.S. Inflation Reduction Act (IRA) signed into law in 2022 has many tax credits for installing rooftop solar, or replacing a gas furnace with an electric heat pump, or replacing a gasoline powered car with an electric vehicle. For low- and moderate-income households, the IRA also includes point-of-sale rebates.
Rewiring America estimates the average American household will have $10,600 available to them in IRA benefits that they can use to electrify and those that do will save $1,800 per year in energy costs if they electrify everything.
How much money will you get with the Inflation Reduction Act?
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