Inflation Reduction Act 2024 Home Improvement. And we cut wait times from 28 minutes down to 3 minutes. Funded by president biden’s inflation reduction act, the two home energy rebate programs will provide up to $8.5 billion for states and territories to develop, implement, and enhance residential energy efficiency and electrification programs in u.s.
On august 16, 2022, president biden signed the inflation reduction act (ira) into law, marking one of the largest investments in the american economy, energy security, and climate that congress has made in the nation’s history. The inflation reduction act directs an unprecedented $369 billion toward fighting climate change.