Renewable energy has become a mainstay of power generation across the nation and is continuing to grow rapidly, as states, municipalities, and organizations set ever more ambitious carbon reduction goals.
Hot off the heels of the Federal Infrastructure Bill and the CHIPS and Science Act, the newly passed Federal Inflation Reduction Act (IRA), passed on August 12, 2022, is a nearly $400 billion legislative package that expands tax incentives and discounts for solar, electric vehicles and battery equipment, and other renewable energy resources.
Mass Fleet Advisor, sponsored by the Massachusetts Clean Energy Center, has been created to ease the transition to electric vehicles for medium- and heavy-duty private and commercial fleets in Massachusetts. The program provides free technical assistance to educate fleet owners about available electric vehicles and funding opportunities, as well as assisting them in planning their charging equipment and infrastructure needs.
On November 15, 2021, the Infrastructure Investment and Jobs Act, a $1.2 trillion piece of legislation with $550 billion in new spending, became law. To help you follow the money, the PowerOptions team has compiled the following list, outlining major upcoming grants included in the new law relating to your energy needs.
PowerOptions has recently hired two interns for the summer. Please join us in welcoming Awa Sane-Darboe and Mirna Garza to our energy team!
On January 31, 2022, the Massachusetts Department of Public Utilities approved a revised and reinvigorated Three-Year Energy Efficiency Plan for the Commonwealth. The dense, almost 400-page order allocates nearly $4 billion in efficiency and demand reduction resources and paves the road for numerous programs set to run from 2022 through the end of 2024.
