How the Inflation Reduction Act will save households money in 2023

  On January 1, 2023, a slate of new tax credits in the Inflation Reduction Act—also known as the climate bill—became available to U.S. households aiming to transition to cleaner energy consumption. Making these opportunities known to consumers and leveraging them to transform the country’s energy landscape will be critical to tackling climate change. Taking advantage of these credits will also yield significant cost savings for millions of Americans; create new high-paying jobs; and ensure a more secure and stable economy and environment.