Page updated 3/4/2024
The Inflation Reduction Act (IRA) is the most significant climate bill in American history. It contains $369 billion in climate and clean energy investments. The bill is expected to reduce net U.S. GHG emissions 42% by 2030 (Clean Air Task Force, 2022). Funds will be delivered through a mix of tax incentives, grants, and loan guarantees primarily over the next ten years.
Xcel Energy’s Partners in Energy has developed this Resource Guide to help local governments, residents, and businesses navigate what IRA resources are available to them and how these resources could stack with Xcel Energy incentives and other resources. This guide is focused on components of the IRA that can be used by local governments and their community members, and does not include indirect benefits, such as utility grid incentives.
This IRA Resource Guide will be updated regularly, be sure to return for new updates, including an income-qualified section, anticipated rebates, and workforce development funding! In the meantime, explore this guide and view a recording of our recent webinar on IRA updates.
Navigating this Resource
This guide is separated out by audience in the pages linked below. Each page contains information regarding what the audience needs to know about the IRA, how the audience can interface with other organizations (such as the state energy office), and stacking resources for different types of clean energy investment projects.
IRA Resource Guide: Suggestions Form
Available tax credits, incentives, and rebates are evolving. This IRA Resource Guide is intended to be dynamic and Partners in Energy wants to make it helpful for you! Please use this form to let us know if you have any comments, suggestions, or request for additions. We appreciate your input!
