1. Home
  2. Energy Policy & Incentives

Inflation Reduction Act: Which credits interest solar owners the most?

An illustration containing the words "Inflation Reduction Act consumer survey" with a silhouette of the contiguous United States on a blue-green background.
UpdatedMay 17, 2024
AuthorCory O'Brien HeadshotCory O'BrienSenior Director - Growth MarketingEditorRyan Barnett HeadshotRyan BarnettSVP, Policy & New Market Development

Now more than ever: It pays to go green. The Inflation Reduction Act (IRA), signed into law on Aug. 16, 2022, represents the single-largest investment by the federal government to combat climate change in U.S. history. 

Homeowners interested in high-efficiency appliances, sustainable building improvements, electric vehicles, battery storage devices, and solar panels can now benefit from the strongest federal incentives and rebates in U.S. history. But access to credits is one thing—taking advantage is another challenge entirely. 

See how much you can save by going solar with Palmetto

Step 01
Step 02
My electric bill is $290/mo

That’s precisely what we wanted to learn more about. In September of 2022, one month after the IRA was passed, we conducted a survey of 350+ solar homeowners on the new energy efficiency credits and rebates found in the IRA. The survey findings address: 

  • What energy-efficiency upgrades consumers have already invested in
  • Which of the new home energy credits interest consumers the most 
  • What factors influence consumer decisions 
  • The perceived impact of home energy-efficiency credits and investments 

Click here to download the white paper and learn more about the consumer landscape post-IRA.

About the AuthorCory O'Brien HeadshotCory O'BrienSenior Director - Growth Marketing

Cory brings over 8 years of solar expertise to Palmetto, and enjoys sharing that knowledge with others looking to improve their carbon footprint. A dog lover residing in Asheville, NC with his wife, Cory graduated from UCSB. If you run into him, ask him about the company he founded to rate and review beer!

Read More From The Clean Energy Learning Center

Palmetto is your go-to resource for news, updates, and questions. Knowledge is power. Invest with confidence.

Solar Sales and Property Tax Exemptions on a green background showing tax forms and a calculator.

Guide to Sales and Property Tax Exemptions for Solar

How solar sales and property tax exemptions work and where they're available.
An outline of Illinois and the word Illinois Net Metering Changes on a blue background.

What Upcoming Changes to Illinois Net Metering Mean for You

Changes are coming to net metering for Illinois major utilities. Here’s what it means if you’re planning to go solar.
An icon of a hand putting money into a jar with the words "How to Use Government Incentives for Home Solar" on a green background.

How to Leverage Government Incentives for Solar Energy

Here's how incentives can bring down your residential solar costs.

See how much

you can benefit

by
going solar with Palmetto

$290
What's your monthly electric bill amount?