Inflation Reduction Act – Davidson News

California Leads Effort to Roll Out Multibillion-Dollar Energy-Efficient Appliance Rebate Program

March 22, 2024 by anuja01

California, along with New York, New Mexico, and Hawaii, is spearheading the initiative to implement the long-awaited rebate program for energy-efficient appliances under the Inflation Reduction Act (IRA) of 2022. The $8.8 billion rebate program aims to incentivize homeowners to switch to eco-friendly home appliances, such as heat pumps and induction stoves, thereby reducing long-term … Read more

30% Inflation Reduction Act Boosts EV Charging Tax Credits: Are You Qualified?

March 13, 2024 by neil

Inflation Reduction Act for EV Charging Tax Credits Individual and Business Benefits According to Elektrek, in 2022 the Inflation Reduction Act revamped tax credits for EV charging stations in the US altering how Americans and businesses benefit from discounts. Previously, these credits were applied to each location where a charger was installed. However, the Inflation … Read more