BPA Advocacy Yields Major Wins for Home Performance in the Inflation Reduction Act
Building Performance Association members and stakeholders played a crucial role in the inclusion of HOPE for HOMES in the IRA.
Yesterday afternoon, President Biden signed the Inflation Reduction Act (IRA) into law. This landmark legislation contains nearly $370 billion in clean energy tax credits and spending – and, thanks to advocacy from Building Performance Association members, stakeholders, and contractors, IRA includes $9 billion in consumer rebates for energy efficiency and electrification. This home performance funding features $200 million for energy efficiency and electrification workforce training and $4.3 billion for comprehensive home energy retrofit rebates—provisions that, together, make up the HOPE for HOMES Act. The law also includes $4.5 billion for point-of-sale rebates for electric appliances for low- and moderate-income households. (Note: More from BPA on what’s in IRA for home performance contractors is available here).
Building Performance Association members and stakeholders played a crucial role in the inclusion of these provisions in the IRA. During this Congress, BPA led nearly 70 virtual meetings featuring home performance contractors and other energy efficiency stakeholders in support of HOPE for HOMES energy retrofit rebates and EE workforce training. BPA set up Zoom meetings with Members of Congress and their staff to share on-the-ground perspectives from BPA members about how rebates and expanded workforce training would help our industry. Contractors from across the country joined the Zoom calls – at times, from worksites and company trucks – to tell elected officials and staff directly about industry challenges and how HOPE for HOMES would help. By joining voices together, BPA made sure our industry was heard on Capitol Hill. Now, President Biden has signed our priorities into law.
To those of you who participated in a virtual lobby day – Congratulations, and THANK YOU!
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