The 2022 Inflation Reduction Act (IRA) is expected to catalyze $3 trillion of investment in the US over the next 10 years (according to Goldman Sachs), principally through its use of clean energy tax credits, many of which are transferable for the first time.
An Inflation Reduction Act program is directly funding state and local climate action and could provide an end-run around legislative inertia and hostility on climate, advocates hope.
In today’s energy landscape, on-site energy solutions like solar panels and battery storage provide valuable benefits, helping organizations reduce energy costs, drive sustainability goals forward, and even leverage energy flexibility to unlock revenue.