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.
Our Panel Includes:
· Kathy Kuntz, Director, Dane County Office of Energy & Climate Change
· Andrew Hanson, Partner, Perkins Coie LLP
· Anne Blair, Senior Director of Policy, Electrification Coalition
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
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
