ADVERTISEMENT

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

Dec 31, 2014
17,389
28,858
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
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.
 
R.0565a28697174784d28e590ef2fe10d5
 
  • Like
Reactions: Joes Place
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.
 
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
 
ADVERTISEMENT