Your guide to the Inflation Reduction Act

Everything you need to know to maximize your savings

The Inflation Reduction Act is full of incentives to help you and your family go electric. But there’s a lot to explore and understand, from electric appliances you may not even know about yet to the best way to structure your electric journey for maximum savings. Our Go Electric guide provides everything you need to know to start using the electric bank account full of money you now have to electrify your household.

Our guide includes:

  • Everything you need to know about the incentives.
  • Equipment overviews! What is a heat pump water heater anyway?
  • Case studies. So you can find the household most like yours and start seeing your own electric transformation.
  • A checklist to help you build your own electric plan.

It’s important to get Rewiring Ready. This free guide will show you how!

What is the Inflation Reduction Act?

And what does it mean for you?

The Inflation Reduction Act is the largest clean energy investment America has ever made, with strategic incentives to make the transition to clean energy and a decarbonized life easy and financially smart. Its home energy offerings include upfront discounts, tax credits and low-cost financing that together provide a substantial pot of money for every household to electrify the machines they rely on — the cars they drive, how they heat the air and water in their homes, cook their food, dry their clothes and get their power — regardless of income level.

Think of the IRA as a free electric bank account with your name on it, because that’s what it is. It’s your own personal fund to help you go electric — swapping out your old, fossil-fueled appliances for new, clean electric ones — over the next ten years. We’ll call it the IRA — which is confusingly like an Individual Retirement Account — but, hey, you and the federal government are investing in you!