The Inflation Reduction Act offers credits and rebates for consumers purchasing an EV or making their homes more climate-friendly
Sunrun employee Gonzalo Najera carries a solar panel before installation at a home in Alamo, Calif.he Inflation Reduction Act , signed into law in August of 2022, includes $370 billion in investments targeted at lowering energy costs and tackling climate change.
The credit can be used for upgrades made between 2022 and 2032, and has no cap for the total amount spent. The credit will then wind down, with 26% available for service in 2033, 22% in 2034, and no credit available after December 31, 2034., including exterior doors, exterior windows and skylights, home energy audits, and appliances including energy-efficient air conditioners, water heaters, heat pumps, and biomass stoves.
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