With an invitation extended by Governor Tony Evers, RENEW’s Interim Executive Director, Jessica Niekrasz, and Emerging Technology Director, Francisco Sayu, joined President Biden, his cabinet, and lawmakers at the White House on Tuesday, September 13, to celebrate the Inflation Reduction Act (IRA).
The celebration – including a surprise appearance by James and Kim Taylor – was a stunning reminder of our collective power to accomplish “big things” when we work together. “Today offers proof that the soul of America is vibrant, the future of America is bright, and the promise of America is real,” Biden said during his speech on the South Lawn.
RENEW applauds the Biden administration for signing the IRA – the most significant climate legislation ever passed in the U.S. The IRA includes $369 billion to help families save money on energy, improve quality of life, create stable jobs, and fight climate change by reducing carbon emissions.
RENEW is dedicated to building a stronger, healthier, more vibrant Wisconsin through the advancement of renewable energy. The clean energy investments in the IRA will boost renewable energy and beneficial electrification in Wisconsin, limiting our dependence on imported gas and petroleum. This market transformation is needed to begin transitioning our economy away from fossil fuels that bleed our state’s economy by $14 billion yearly.
Wisconsin Families that take advantage of the clean energy incentives and electric vehicle tax credits in the IRA could save more than $1,000 per year. Here are some of the benefits available to Wisconsin residents:
- Up to $14,000 in direct consumer rebates for families to buy heat pumps or other energy-efficient home appliances, saving families at least $350 per year.
- 30% tax credit to install rooftop solar systems, saving families $9,000 over the system’s life or at least $300 per year.
- Up to $7,500 in tax credits for new electric vehicles and $4,000 for used electric vehicles, helping families save $950 per year.
The clean energy investments in the IRA support the Governor’s climate goals, as outlined in Wisconsin’s Clean Energy Plan. These investments will help power homes, businesses, and communities with homegrown renewable energy, improve health outcomes, and create stable jobs for residents of Wisconsin.
RENEW was honored to be at the White House representing the great state of Wisconsin and thanks Governor Tony Evers for this incredible opportunity. Inclusion at this historic celebration is a testament to the incredible work the RENEW team has been doing for over thirty years. We look forward to helping our state take advantage of the opportunities offered by the IRA, and will continue to support access to clean energy for families, businesses, and communities in Wisconsin.