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What is the Inflation Reduction Act (IRA)?
The Inflation Reduction Act of 2022 (IRA) is the most comprehensive federal climate change legislation that has been passed in the United States to date. Among the Inflation Reduction Act's goals are curbing inflation through lower consumer energy costs, increased energy security, and reduced greenhouse gas emissions. The Inflation Reduction Act includes several rebate programs and tax credits for energy-efficient appliances.
Instant savings of $480 to qualifying households
High-Efficiency Electric Home Rebate Act (HEEHRA) rebate can cover 50-100% of the costs of certain appliances depending on household AMI, for a potential maximum rebate of up to $840 or total maximum rebate of $14,000.³


