Below you'll find a list of all posts that have been tagged as “Inflation Reduction Act (IRA)”
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. …
ICAST Partners with New Mexico for Electrification Rebate Program ICAST recently signed a contract to help implement New Mexico’s approx. 43.7 million-dollar Home Electrification and Appliance Rebate (HEAR) program. HEAR is one of two funding buckets under the Inflation Reduction Act (IRA)-funded Home Energy Rebate Program; HEAR funds are allocated to states and tribes that provide rebates for electrification upgrades …
ICAST’s Vice President of Grant Programs, Ryan Kristoff, recently attended the American Council for an Energy-Efficient Economy’s (ACEEE) biennial conference on decarbonizing the building sector. This conference brings together professionals, policymakers, researchers, and other stakeholders from across the world to discuss evolving best practices for designing and implementing energy efficiency solutions in buildings. In addition to receiving an award for …
By Ravi Malhotra Originally published in NH&RA’s Tax Credit Advisor Magazine Federal Funds for Multifamily Solar Projects En Route The Inflation Reduction Act (IRA) is expected to fund approximately $1 trillion in tax credits for clean energy. A significant portion of the funding is for the solar investment tax credits (ITC)—the base ITC was expanded to 30% and multifamily affordable …
By Kristen Cheriegate, ICAST Policy Manager | Ms. Cheriegate navigates ICAST through the policy world to obtain real-world solutions, funding resources, and networks with potential partners to provide more services to low- and moderate-income households. The Fiscal Year (FY) 2025 budget is gearing up to be a show in Congress, with both the Republican-controlled House and the Democratic Caucus-controlled Senate pushing …