Inflation Reduction Law

In August, Congress passed the Biden-Harris Administration's historic legislative package known as the Inflation Reduction Act (IRA) to reduce energy costs for families and create thousands of good-paying jobs for people in rural areas. of the United States. IRA represents the largest single investment in rural electrification since the passage of the Rural Electrification Act in 1936. IRA Sections 22001 through 22005 provide unprecedented new loan and grant products and incentives to expand clean energy, transform energy production rural, create jobs and stimulate economic growth that will be offered by the Rural Utilities Service (RUS) and the Rural Business and Cooperative Service (RBCS) of the Department of Rural Development of the USDA.