How Homeowners Benefit from the 2022 Inflation Reduction Act Updated: May 6, 2025 On August 16th, 2022, President Biden signed the Inflation Reduction Act of 2022 (IRA) into law, providing historic investment in solar energy. This surpasses the Budget Control Act of 2011. The bill allocates over $300 billion to combat climate change, boost U.S.…
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