The passing of the Inflation Reduction Act serves as a landmark for the solar industry, taking an already savvy investment and increasing the value proposition across multiple avenues. From an increased tax credit to expanded coverage for electric vehicle charging and battery storage, there has never been a better time to make the switch to solar - and that's to say nothing of the critical environmental protections and job creation initiatives also included in the bill! Truly there is a lot to love here, but there is also a lot to read, as we noted in our previous post about the Act.
For those who wish to gain a better understanding of just what exactly is covered under this massive bill, but don't have the time to read the full text, we've created a handy infographic to help guide you through the many provisions of the act! Feel free to share it with a friend, colleague, or family member who is curious about how the bill will impact them in the coming months and years, especially if they are a homeowner! There is information in this infographic that could save you thousands of dollars, so be sure to give it a read!
Please include attribution to https://simplysolar.com/ with this graphic.