
September 2022
The Inflation Reduction Act (IRA) was signed into law on August 16, 2022. The provisions included in this law address a wide range of financial efforts targeted at reducing the deficit while providing some tax reductions and incentives.
Contractors and building designers for both individuals and businesses can benefit from the additional energy efficiency incentives found in the IRA, but there are some drawbacks as well. Some efforts are new, but most are simply extensions or alterations of prior energy efficiency incentives.