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U.S. Solar, Energy Efficiency Tax Credits ‘More Popular than Expected’ While Manufacturing Investment Lags

August 13, 2024
U.S. Solar, Energy Efficiency Tax Credits ‘More Popular than Expected’ While Manufacturing Investment Lags

U.S. households claimed more than US$8 billion in tax credits last year under the Biden administration’s Inflation Reduction Act (IRA), according to Treasury Department data released last week, with more than $6 billion flowing to rooftop solar, small wind, and other renewable energy systems.

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