The just-passed landmark Inflation Reduction Act (the Act) provides numerous opportunities for local governments to cost-effectively meet their sustainability goals and significantly lower their energy costs, through the ability to implement much more cost-effective renewable energy, energy efficiency, electric vehicle and EV charging projects. The combination of several clean energy tax credits, important new options for local governments to directly receive most of these credits, and billions of dollars in new or expanded grant opportunities can allow local governments to dramatically lower the cost of meeting their sustainability goals and implementing energy efficiency and clean energy improvements, thereby also significantly lowering their operating costs.
Below is a list of some of the key opportunities the Act provides:
To discuss the above and other opportunities, please contact John Clancy or Art Harrington. Because of the length and complexity of the Act and the numerous underlying requirements that apply to it, whether the above programs are applicable to your local government and your projects is based on a number of factors in addition to those outlined in this summary update. Therefore, it is important to make sure that all relevant factors are considered as you proceed.
If you have a media request or need an attorney with particular knowledge for comment, please contact Kyle Mondy, Marketing & Communications Manager, at 414.287.9481 or kmondy@gklaw.com.
Subscribe today to receive firm newsletters and blogs, client updates, seminar announcements, and more according to your preferences and areas of interest.
Disclaimer and Legal Notices
Copyright © 2023 Godfrey & Kahn, S.C.
Attorneys at Law - All rights reserved.
Client Login