The legislation will provide substantial federal investments in the fight against climate change.
NORFOLK, Va. — Virginia is poised to benefit from the recently-enacted Inflation Reduction Act, which will provide substantial federal investments in the fight against climate change.
Under the law, funding will go toward technology like solar panels, consumer efforts to improve home energy efficiency, emission-reducing equipment for power plants, and air pollution controls for farms, ports, and low-income communities, the Associated Press reports.
The legislation passed the Democratic-controlled Congress and was signed by President Joe Biden earlier in August.
Here’s a look at how the new law could help people in Virginia, according to a fact sheet provided by the White House:
Tax benefits, grants to help people reduce energy costs
The Inflation Reduction Act will make it more affordable for Virginians to buy energy-efficient appliances, make home repairs and save money on utility bills each month, according to the White House.
One of the rebates would cover 50% to …