ICYMI: FIVE WAYS THE INFLATION  REDUCTION ACT CAN CUT YOUR ENERGY BILL

Clean Energy Funding Saves Americans Money

In Case You Missed It — The Inflation Reduction Act’s clean energy provisions will help Americans save on their energy bills in several ways, according to a RISMedia. The bill extends previous tax credits for energy-efficient home improvements and provides rebates for homeowners who make energy upgrades.

report by Invest in America showed that families who take advantage of clean energy and electric vehicle tax credits will save more than $1,000 per year.

READ ABOUT THE WAYS THE IRA WILL LOWER ENERGY BILLS HERE

KEY POINTS: 

  • The Inflation Reduction Act, which was recently passed and signed into law, includes an array of resources and tax incentives to help homeowners and commercial building owners make their properties more energy efficient.

  • The investments made by the Inflation Reduction Act will benefit property owners by helping them save money on utility bills, make their buildings more comfortable and reduce their carbon emissions.

  • Studies show that if property owners across the U.S. weatherized their buildings and installed high-efficiency heating, cooling and water-heating equipment, they would save billions of dollars on energy costs and reduce carbon emissions.

About Invest in America

Invest In America is a national rapid response operation advocating for robust public investment to rescue the economy from the COVID crisis and create prosperity for the future, and to fight back against fear-mongers who use deficit concerns as a scapegoat to starve American communities and businesses of resources.

The operation consists of two components: Invest in America, the charitable and public education arm, which is a fiscally sponsored project of Economic Security Project funded by the William and Flora Hewlett Foundation and Economic Security Project co-chair Chris Hughes; and Invest in America Action, the advocacy and social welfare arm, which is a fiscally sponsored project of Economic Security Project Action funded by Chris Hughes and the Omidyar Network.

Learn more at InvestInAmericaNow.com and @InvestNowUSA, and InvestinAmericaProject.com.

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