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Inflation Reduction Act | PowerShingle®

PowerShingle Bonipak Gabled Clean Energy Microgrid Solar Structure paid for with federal tax credits

Why a Clean Energy Tax Credit is a Game Changer.

By In the News

In August of 2022, Congress passed the Inflation Recovery Act (“IRA”) of 2022. Over the next 10 years, the IRA Act will allocate approximately $369 Billion Dollars to “Energy Security and Climate Change.” The main goal of this legislation is to dramatically increase clean energy production while reducing carbon emissions by roughly 40% in 7 years.

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