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The bill supports a just, equitable transition to healthier homes with incentives and rebates for efficient electric appliances like air- and ground-source heat pumps and heat pump water heaters as well as efficiency upgrades like insulation and air sealing for low- and moderate-income households. Despite this, the bill gets many things right, and our groups celebrate much needed investments in a clean energy transition and to communities in need. “We also recognize that unfortunately – to secure the support required to pass the legislation – the bill includes some support for the continued production of fossil fuels on public lands and waters. As a highly efficient technology, heat pumps – which provide both heating and cooling – can reduce household energy costs, and widespread adoption of the technology can reduce strain on the electric grid during extreme heat events. “The bill will also create good-paying clean energy jobs by strengthening the supply chain and accelerating the adoption of clean energy technologies like electric heat pumps through incentives that include tax credits and rebates. “Provisions included in this bill will help address inflation, lower household energy costs, and improve our energy security with efficiency and electrification upgrades for homes and buildings – starting with disadvantaged communities first – so that they can run 100% renewable energy.

As our communities face extreme heat, drought, wildfires, storms and flooding – it’s clear that the climate crisis and public health emergency is already upon us, and these investments set to decarbonize our buildings and homes are coming not a moment too soon. “Our groups welcome the introduction of the Inflation Reduction Act for its historic climate investments. In response to the announcement, 62 climate, building decarbonization, energy, health and affordable housing organizations released the following joint statement:

National Center for Environmental Economics, U.S.WASHINGTON, D.C.-Key Democratic leaders have struck a historic deal to lower energy bills and address the climate crisis with the introduction of the Inflation Reduction Act of 2022 – which aims to reduce carbon emissions by roughly 40% by 2030 and provide much needed relief on energy costs for families.

Midwest Renewable Energy Tracking System (M-RETS).

MESA Engineering Program, CA State University Sacramento.

Low Impact Hydropower Institute / Union of Concerned Scientists.

Larsen Energy Branding / University of Iceland.

Government of the District of Columbia.

Federal Energy Management Program, U.S.

EON Climate & Renewables North America.

Energy Consumers Alliance of New England.

Duke University - Nicholas School of the Environment.

Department of Energy and Environment, District of Columbia.

Crossroads School for Arts and Sciences.

Colorado State Board of Land Commissioners.

California Public Employees' Retirement System.

California Energy Storage Alliance (CESA).

Bonneville Environmental Foundation (BEF).

Blue Lake Rancheria (a federally recognized tribal government).

BGC Environmental Brokerage Services, LP.Association of Climate Change Officers.American Wind Energy Association (AWEA).American Council On Renewable Energy (ACORE).Ameren Missouri Pure Power/3Degrees, Inc.REM Participating Companies Previous REM Sponsoring, Exhibiting and Attending Organizations have included: