Inflation Reduction Act 2024 How To Apply. The inflation reduction act modifies and extends the clean energy investment tax credit to provide up to a 30% credit for qualifying investments in wind, solar, energy storage, and other renewable energy projects that meet prevailing wage standards and employ a sufficient proportion of qualified apprentices from registered. It can help you pay for that new water heater or front door.
The new bill makes the largest investment in combating climate change in u.s. We expect 2024 to be a year in which inflation reduction act (ira) home energy rebate programs will achieve impressive gains.
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