Fleming: Rebates, Credits Can Aid Home Improvements
TL/DR –
The Biden-Harris administration’s “Investing in America” agenda is reducing costs for American families through the Inflation Reduction Act, which supports clean energy and climate action. The Act facilitates tax credits for home improvements that save energy and increase business for local manufacturers, contractors, and stores, leading to job creation. Several states are initiating their own energy rebate programs funded by the Act, aiding low- and middle-income families to implement energy-efficient improvements.
Investing in America: Biden-Harris Administration Supports Clean Energy
The Biden-Harris administration’s “Investing in America” agenda is easing the financial burden for American families by significantly investing in clean energy. The Inflation Reduction Act, part of the largest commitment in history towards climate action, is streamlining the cost of clean energy installations and cutting household expenses by reducing utility bills and enhancing energy efficiency.
Boosting Local Economy and Employment Through Energy Tax Credits
Energy tax credits for home improvements such as heat pumps, rooftop solar, and insulation can result in substantial savings for families. Additionally, these initiatives create more business for local manufacturers, contractors, and hardware stores. The increased demand further stimulates job creation, improving the quality of life with local income staying within the communities.
State-Initiated Home Energy Rebate Programs
Simultaneously, several states are implementing their own home energy rebate programs, funded by the Inflation Reduction Act. Even states like Delaware are preparing to join the fray. These rebates make energy efficiency improvements more accessible for low- and middle-income families. Track each state’s progress in setting up its rebate program at energy.gov/save/rebates.
Engage in the discussion, whether you agree or disagree, at civiltalk@iniusa.org.
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