No surprise if you haven’t thought about the Inflation Reduction Act (IRA) lately.
However, Rewiring America would like you to start thinking about it. Why? Because it is the largest climate bill in U.S. history. It contains, among other things, benefits to help purchase electric vehicles and install heat pumps, induction stoves, solar and other clean, efficient machines.
Rewiring America has launched a new consumer outreach and education campaign, so you can take advantage of some of the rebates and tax incentives to go electric. If Rewiring America’s analysis is spot on and the initiative is used to its full potential, the IRA could pay out $858 billion into the U.S. economy through residential electrification alone, creating 1.4 million direct new jobs and 5 million total new jobs.
According to their press release, Rewiring America’s electric education campaign brings together Airbnb, Redfin, Lyft, Duquesne Light Company, Mosaic, Arcadia, and Propel in collaboration with Rewiring America’s suite of online tools to help people understand how to use IRA benefits to go electric in their homes and lives.
Here is what they had to say:
“We know Airbnb Hosts in the U.S. are interested in learning how they can adopt more sustainable practices for their homes and are proud to partner with Rewiring America to help Hosts take advantage of energy incentives that can save them money and reduce their carbon footprint.”
Ameet Konkar, Airbnb’s Head of Sustainability
“There are 50 million people looking for a home via Redfin each month. Our role is to guide them toward more sustainable choices about where to live, and how to renovate their homes to emit fewer greenhouse gasses.”
Glenn Kelman, Redfin CEO
“Mosaic’s vision is 100% clean energy for all. As a leading financing platform for sustainable home improvements, we work with our nationwide network of thousands of contractors to leverage these incentives to help more American families electrify their homes and save money.”
Billy Parish, Mosaic founder and CEO
“The IRA clean energy initiatives are a unique opportunity for low income households to utilize $14,000 in point-of-sale rebates and make energy improvements to their home. We’re excited to connect millions of SNAP recipients with the resources to take advantage of this new electrification funding.”
Jimmy Chen, founder and CEO of Propel
“Community solar allows consumers to access clean energy from local sources with guaranteed, risk-free savings on their monthly bill. We’re excited to continue to drive awareness, serve as a resource and help connect people to projects in their area.”
Kiran Bhatraju, CEO of Arcadia
If you want to get a jump start on your education, Rewiring America has created a Go Electric! (now) Guide to the Inflation Reduction Act. It is full of great, detailed information on appliances, heating systems, EV’s and a great deal more!