A large solar energy-collecting array on the site of the former armory near the Johnson County Administration Building, 913 S. Dubuque St., in Iowa City, on Wednesday, Dec. 7, 2016. (Jim Slosiarek/The Gazette)
Over the next 10 years, hundreds of billions of dollars will flow to small businesses, nonprofits, government entities, and homeowners to combat climate change. The Inflation Reduction Act (IRA) aims to speed up the nation’s transition to clean energy by offering generous tax credits and cash-back rebates for solar panels, storage batteries, electric vehicles, energy efficient appliances and other upgrades. Importantly, it offers tax-exempt entities, such as government and nonprofit organizations, direct payment in lieu of tax credits.
The IRA…
Build solar energy capacity in Johnson County
