December 2, 2023

The Inflation Reduction Act (IRA) Democrats in Congress and President Biden passed last year has made cost-saving benefits available right now, including:

• 30% back for the cost of many clean energy upgrades to your home, including solar panels, water heaters, and battery storage, no matter the price.
• Up to $1,200 to add insulation, install new exterior windows and doors, or other improvements that increase the energy efficiency of your home.
• Up to $2,000 for a new heat pump (which can provide efficient air conditioning and heating) as well as a heat-pump water heater.
• 30% off the cost of installing a new electric vehicle charger if you live in a rural or underserved community.

Starting on January 1, up to $7,500 in savings will be available right at point of sale when you buy a new electric vehicle and up to $4,000 for a used one. You’ll be able to get these credits at your car dealership, which means the discount will come right off the sticker price when you buy your EV.

You can visit this site to see a full list of benefits and find out which are currently available to best help you and your household.