Below you'll find a list of all posts that have been tagged as “Inflation Reduction Act (IRA)”
By Ravi Malhotra Originally posted in Tax Credit Advisor, January 2025 After the 2024 elections, many in the multifamily affordable housing sector worry that key Bipartisan Infrastructure Law (BIL) and Inflation Reduction Act (IRA) funds may be clawed back by the incoming administration. These funds provide tax credits, grants and other forms of incentives for green and clean energy deployment and have been crucial to closing …
Solar energy generally comes in two varieties: onsite rooftop solar, which we recently discussed with ICAST’s National Solar Solutions Manager, Walter Cupa, and community solar. Today, ICAST’s Director of Community and Utility Solar Development, Sam Lipman, weighs in on community solar and what it means for energy efficiency and saving money for our communities: Community solar is an arrangement wherein …
Bridge Loans Can Unlock Your Property’s Energy Efficiency Potential In the rapidly evolving landscape of green energy, timing is everything. The current influx of investment tax credits and incentives under the Inflation Reduction Act (IRA) presents an opportunity for multifamily affordable housing, disadvantaged, and Tribal communities to implement solar and energy efficiency upgrades. However, these financial benefits often arrive after …
As the years pass, technologies that were once cutting-edge reach a critical mass of affordability that leads to widespread adoption throughout the market. Solar energy technologies are reaching such a critical mass of affordability and widespread adoption: Every rooftop and parking lot in America is now potentially a site for generating cheap, clean, and renewable energy. According to PR Newswire, …
By Kristen Cheriegate | ICAST Policy Manager With Donald Trump as the President-elect of 2025, many fear his campaign claims of repealing green energy and environmental subsidies, clawing back related funds in favor of deregulation, and increasing the domestic production of oil. The Inflation Reduction Act (IRA) is the single largest climate and energy investment in American history and was …
ICAST was recently invited to present at the E Source 2024 Forum in early October. E Source is a utilities-focused research and consultation firm that annually holds the E Source Forum to bring together utility professionals to learn, innovate, and grow the utility industry. Our presentation, titled “Equitable Access to the Benefits of DSM,” was delivered by Ryan Kristoff, ICAST’s …
ACEEE Award: Leader of the Pack ICAST has just received the Leader of the Pack award for its multifamily-focused Wattsmart® program from the American Council for an Energy-Efficient Economy. This award recognizes “exemplary energy efficiency programs across the United States.” The Wattsmart® program, which began in 2018, is a Utah utility demand-side management program for Rocky Mountain Power (RMP), an …
By Ravi Malhotra Originally posted in Tax Credit Advisor, October 2024 Federal Tax Credits, Rebates, Low-Cost or Forgivable Loans, and Grants are Hitting the Ground The Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) are in their second and third years, respectively. Treasury guidance is now available for almost all of the IRA’s clean energy tax credit provisions. Furthermore, …
The US Department of the Treasury (“Treasury”) recently released a report showing the benefit of the IRA’s clean energy tax incentives for consumers. More than 3.4 million families claimed $8.4 billion in IRA-enabled tax credits in 2023 alone. With IRA funds starting to make their way into the homes of Americans, the deep impact of the bill is beginning to …
Kristen Cheriegate | ICAST Policy Manager ========== States Launch Home Energy Rebates Program The Department of Energy (DOE) announced that Arizona, New Mexico, Maine, and Rhode Island have launched their Home Electrification and Appliance Rebates (HEAR) programs. New Mexico: NM’s HEAR will provide low-income single-family homeowners and low- and middle-income renters up to $14,000 in rebates to upgrade equipment and appliances. …