All about the Inflation Reduction Act!

Our panel breaks down some of the major energy provisions of the Inflation Reduction Act (IRA), federal legislation signed into law by President Joe Biden on August 16, 2022, which included sweeping changes to existing renewable energy production and investment tax credits, game-changing incentives for electric vehicles and electrification, and a host of rebates and other programs to spur home and building efficiency upgrades.  

Listen to the episode wherever you get your podcasts, or on our YouTube channel, here:

https://www.youtube.com/watch?v=evKb1UYjsDA&t=41s

Our Guests:

·        Kathy Kuntz, Director, Dane County Office of Energy & Climate Change

·        Andrew Hanson, Partner, Perkins Coie LLP

·        Anne Blair, Senior Director of Policy, Electrification Coalition

Links from Episode:

How You Can Take Advantage of the IRA – From the Dane County Office of Energy & Climate

https://daneclimateaction.org/what-you-can-do/federal-funding

Electric School Bus Funding in the IRA

https://stnonline.com/special-reports/inflation-reduction-act-offers-latest-school-bus-electrification-funding-opportunities/

The IRA makes school buses eligible for electrification funds through a new Clean Heavy Duty Vehicles program run by the EPA as part of the Clean Air Act.

The new program includes $1 billion for medium and heavy duty commercial electric vehicles, charging infrastructure and related workforce training. Class 6 and 7 school buses are eligible.

A Customer’s Guide to how to save money with IRA programs:

https://www.whitehouse.gov/cleanenergy/

White House IRA Guidebook:

https://www.whitehouse.gov/cleanenergy/inflation-reduction-act-guidebook/

IRS Information on Tax Credits for EV purchases

https://www.irs.gov/credits-deductions/credits-for-new-electric-vehicles-purchased-in-2022-or-before