The Inflation Reduction Act (IRA) – increased opportunities for energy savings

The Inflation Reduction Act (IRA) includes a number of energy and climate provisions. At the same time,  the legislation increases the opportunity to save facility costs and lower the impact of rising energy expenditures. Elements of the IRA include:

Extending and modifying credits for energy produced by renewable sources, including but not limited to solar array systems.

The list of qualified energy properties now includes energy storage technologies.

Provisions affecting tax-exempt entities, including an opportunity to participate in tax credits.

Now combine all this with state incentives, and the prospect of commercially deploying solar has never been more enticing.Gordian Energy Systems is here to help!