The Inflation Reduction Act (IRA) President Biden signed into law last year includes many new and expanded incentives for clean energy generation and development. Alliant Energy was among the first utilities in the nation to take advantage of these changes as the company accelerates its transition to cleaner, more affordable energy generation. As the Milwaukee Journal Sentinel and S&P Global noted, the IRA enabled Alliant Energy’s swift action to advance its Clean Energy Blueprint and reduce costs for customers.
The IRA bolsters supply chain resiliency and investments in clean energy. It also lowers costs for businesses through new tax credits and deductions. The expanded tax incentives for energy-saving property improvements included in the IRA will deliver improved energy efficiency and long-term financial benefits for customers.
To learn more about new tax credits and potential energy development opportunities, visit CleanEnergy.gov.
Inflation Reduction Act creates clean energy generation and development opportunities
Published on February 20, 2023