December 4, 2024
Washington D.C. — Today, the Department of Treasury finalized clean energy tax credit guidance to strengthen renewable energy production, lower costs for families, and reduce carbon emissions.
Harnessing the Power of the Inflation Reduction Act
Harnessing the Power of the Inflation Reduction Act
Together, we achieved the largest investment in our climate and clean energy in US history through the passage of the Inflation Reduction Act. Now, it’s up to all of us to ensure this landmark law lives up to its promise and creates meaningful, long lasting change across the country.
The Inflation Reduction Act of 2022 includes more than 100 programs that will invest about $370 billion in climate action, clean energy jobs, and environmental justice. Collectively, these unprecedented investments will put us on a path to cutting climate pollution by 40% by 2030 while creating over 9 million family-sustaining jobs over the next decade and advancing racial, economic, and environmental justice. Learn more about getting involved locally to fight for the change and investments our communities deserve here.
Aprovechando el Poder de los recursos de la Ley de Reducción de la Inflación (IRA) en español.
Watch: How the IRA Is an Investment in Our Future
The Inflation Reduction Act Can Help You and Your Household
Whether you need new windows or are considering buying an electric vehicle, this new law can bring down up-front costs and save you money in the long run—all while reducing harmful pollution in your home and community.
This law provides rebates that can cover up to 100% of the costs of electric stoves, cooktops, ranges, and ovens.
Save Money Thanks to the Inflation Reduction Act
A guide to navigating the benefits of the Inflation Reduction Act of 2022, which includes many programs that can help you and your family save money while reducing pollution.
Find Out MoreThe IRA will replace tens of thousands of diesel heavy-duty vehicles with zero-emission trucks and buses, reducing harmful toxic emissions.
Benefits of the Inflation Reduction Act’s Historic Climate Investments
The Inflation Reduction Act of 2022 includes more than 100 programs that will invest about $370 billion in climate action, clean energy jobs, and environmental justice.
Find Out MoreHighly efficient, electric heat pumps (that heat and cool) will be eligible for rebates under the Home Energy Rebates Programs.
Understanding the IRA Home Energy Rebates
The Home Energy Rebate Programs include $8.8 billion dollars in grant funding to help American households save money on energy bills, upgrade to clean energy equipment and improve energy efficiency, reduce indoor and outdoor air pollution, and create workforce training programs.
Find Out MoreThe Inflation Reduction Act Can Help Your Community
The Inflation Reduction Act is full of programs and investments for states, Tribes, municipalities, electric utilities, and more. See how the Inflation Reduction Act can make a difference in your community.
Cooperatives have to move quickly and transparently to develop plans that will maximize the use of credits, grants, and loans, and drive benefits to members and the communities they serve.
Rural Cooperative Utilities and the Inflation Reduction Act
The Inflation Reduction Act of 2022 provides powerful new tools for rural electric cooperatives to tap low cost clean energy. From direct pay tax credits for clean energy to grants and loans, cooperatives have a unique new opportunity to build and own clean energy, driving lower bills for members, clean energy jobs - both at the local and utility scale, and rural economic development.
Find Out MoreThe Inflation Reduction Act established the Greenhouse Gas Reduction Fund, a critical program administered by the EPA that will invest $27 billion directly into financing projects like home retrofits, renewable energy development, clean manufacturing, and clean transportation.
Understanding the IRA Greenhouse Gas Reduction Fund
The Greenhouse Gas Reduction Fund can help achieve essential climate emission reductions, advance environmental justice, and create climate and clean energy jobs, making this fund an important part of a fair and equitable transition to a clean economy.
Find Out MoreThe Forest Service allocated $250 million to state and territory forestry agencies that are working in disadvantaged communities to increase and maintain a healthy urban canopy and access to nature. | Photo courtesy U.S. Department of Agriculture
Cities and Towns Can Reach Clean Energy Goals Thanks to the IRA
The Inflation Reduction Act of 2022 includes programs and investments for towns and cities, not just for states. Here you can find information about the new programs local leaders can apply to that will help their cities and towns reach their climate goals.
Find Out MorePublic power entities like municipal and state-owned utilities have new opportunities to lead the clean energy transition, reducing costs for ratepayers and constituents, and driving a new, local clean energy economy.
Public Power Utilities and the Inflation Reduction Act
The Inflation Reduction Act of 2022 provides powerful new tools for public power utilities to tap low cost clean energy. Towns and cities can support local investments in residential and commercial efficiency, build and own clean energy, and improve public infrastructure.
Find Out MorePrograms, tax credits, and funding opportunities are available to support and revitalize energy communities.
Inflation Reduction Act Benefits for Energy Communities
The Inflation Reduction Act (IRA) includes numerous programs and investments to support energy communities, or communities that have historically relied on fossil fuel extraction and production to power their local economies.
Find Out MoreAn estimated 100 million Americans do not have a park within a ten-minute walk of their home.
Leveraging the Inflation Reduction Act for the Outdoors
How communities, organizations, and states can access IRA-funded programs to support outdoor programs and facilities
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Press Releases
December 4, 2024
Washington D.C. — Today, the Solar Energy Industries Association reported a record high in domestic solar energy production in its quarterly Solar Market Insight Report.
November 14, 2024
Washington, D.C. – Today, Reuters reported that Donald Trump intends to attack the Inflation Reduction Act’s electric vehicle tax credit, which has benefited more than 300,000 EV drivers and saved consumers over $2 billion so far…
September 18, 2024
Washington, DC – Today, the U.S. Department of Treasury issued a proposed rulemaking that will help boost the investments in public and residential electric vehicle charging infrastructure. Treasury’s guidance makes the credit available to…
September 5, 2024
NEVADA – Today President Biden and the U.S. Department of Agriculture (USDA) announced that Arizona Electric Power Cooperative (AEPCO) has been selected as a finalist to receive funding through USDA’s $9.7 billion Empowering Rural America…