- The 30% tax credit extension will make going solar even more attractive.
- The addition of battery storage technology can help residents increase their home’s and the electricity grid’s resilience.
- The increased cap on credits for making energy efficiency improvements in your home will encourage more investments on an annual basis. This provision will also allow for credits on home energy audits and electrical panel upgrades for residents to move toward electrification.
- High-Efficiency Electric Home Rebate Act could help residents make infrastructure upgrades required to decarbonize and electrify their homes and makes it more affordable for residents making 80% to 150% of AMI.
- Home Energy Performance-Based Whole House Rebates will allow the opportunity for low-income residents to make crucial efficiency updates to their homes with less out-of-pocket expenses.
- Energy Credit for Solar and Wind in Low-Income Communities could further encourage the development of community solar in low – to moderate income communities.
What could this mean for DC businesses?
Grants for State-Based Home Energy Efficiency Contractor Training could help the contracting community gain necessary training and certifications to meet market needs that will be accelerated by the IRA rebates and tax credits.