The Inflation Reduction Act (IRA) offers commercial solar and energy storage projects up to 10% additional tax credit for projects

Dec 31, 2014
13,605
20,036
113

The Inflation Reduction Act (IRA) offers commercial solar and energy storage projects up to 10% additional tax credit for projects built within an “energy community.” So, what exactly is an energy community? Here's a great sum up:

 
  • Like
Reactions: SolarHawk

NCHawk5

HR Heisman
Gold Member
Aug 7, 2019
9,727
6,950
113
Inflation should plummet shortly...
One could argue that if it’s off the grid and creates enough energy for electric heat, we’d see a minuscule reduction in inflation. However, that’s not going to remotely eat into the positive inflation effects on the front side.
 
Dec 31, 2014
13,605
20,036
113
R.0565a28697174784d28e590ef2fe10d5
 
  • Like
Reactions: Joes Place
Dec 31, 2014
13,605
20,036
113
I envision a future where energy is so cheap and provided by quasi or fully government institutions as to not require a sizable portion of the average Joe’s paycheck and no longer being a limiting factor to human productivity and innovation.

That will be the day.
 

binsfeldcyhawk2

HR Legend
Gold Member
Oct 13, 2006
27,634
37,255
113
When you get to 100% renewable energy, that is immune to gas shortages and Saudi Arabia's influences, you actually will limit inflation - because you'd have stable energy supply and stable prices.
So 30 years from now?

Have to admit “The inflation Reduction Act” is a pretty misleading name