The Inflation Reduction Act (IRA)
$8.8B in rebates and incentives for home upgrades, and $200M for state-based home energy-efficiency contractor training grants
BPA’s latest achievement is helping to secure billions of dollars in rebates and incentives for home energy efficiency and electrification, plus hundreds of millions of dollars to train workers for the jobs that funding will create, by helping shape the 2022 Inflation Reduction Act (IRA).
Our next step is to make sure our members benefit from the surge of IRA funding. We are monitoring federal developments and staying in touch with state energy offices. BPA will keep members up to date on opportunities arising from the IRA.
Inflation Reduction Act Resources
Maine Inflation Reduction Act Fact Sheet
Download the IRA fact sheet for the state of Maine.
Inflation Reduction Act Updates
The Inflation Reduction Act and HOPE for HOMES Timeline
August 16, 2022
President Biden Signs the IRA into Law
President Biden signs the IRA into law, with HOPE for HOMES included.
August 12, 2022
House Passes the IRA
The House also passes the IRA, sending the climate bill to President Biden’s desk.
August 7, 2022
Senate Passes the IRA
The Senate passes the IRA, sending the legislation to the House of Representatives.
July 27, 2022
Sen. Manchin (D-WV) and Senate Majority Leader Schumer (D-NY) Reach an Agreement
Sen. Manchin (D-WV) and Senate Majority Leader Schumer (D-NY) reach an agreement on the Inflation Reduction Act (IRA) - with HOPE for HOMES included in the package.
March 7, 2022
Grassroots Letter to Congress
BPA and E4TheFuture lead grassroots letter urging Congress to include HOPE for HOMES in a budget reconciliation package and collect stakeholder signatures.
May 28, 2021
HOPE for HOMES Included in Budget Request
President Biden includes HOPE for HOMES in his budget request for Fiscal Year 2022.
May 20, 2021
HOPE for HOMES Re-Introduced
HOPE for HOMES re-introduced in the House and Senate.
June 24, 2020
HOPE for HOMES Act of 2020 Introduced
BPA and E4TheFuture lead grassroots support letter and collect stakeholder signatures.
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