The Inflation Reduction Act (IRA) is poised to deliver billions of dollars in rebates and tax credits to drive the adoption of efficient electric heat pumps, heat pump water heaters, induction stoves, electric vehicles, and rooftop solar systems across the United States over the next decade. Federal agencies and state governments are now designing programs to deliver these historic climate investments.
The federal government must leverage the IRA to improve its collection and sharing of data around electric appliance uptake. All of this can be achieved through select improvements to product labeling, data collection, storage, accessibility, and reporting, including:
- Standardizing data collection for IRA rebates and tax credits as efficient electric machines are deployed across the U.S.;
- Introducing digital product labeling for energy equipment that will radically improve house-level information and empower consumers; and
- Enhancing agency reporting of incentive uptake and product information to provide a critical resource for tracking the effectiveness of IRA implementation.