To counter the ever-growing climate and prescription drug crisis, the US government passed the Inflation Reduction Act. This bill includes various programs to make clean energy projects as well as prescription drugs more affordable for American consumers. The former, especially, comes with many benefits and deductions ranging from heat pumps, solar panels, insulation, e-mobility, or energy-efficient appliances.

In addition to tax benefits, cost reductions or special grants and loans, there are more long-term savings in store for American consumers. The nonprofit organization advocating for energy efficiency, Rewiring America, estimated that an American household that makes the switch to some of these clean energy measures promoted in the IRA will save up to $1,800 per year.

This act is extensive and there are many initiatives and programs included. To find out more about how you can  take advantage of the Inflation Reduction Act and how Next Level can help you turn those projects into reality, reach out to us today!