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In a shocking turn of events late on the afternoon of July 27th, Sen. Joe Manchin of West Virginia announced that he had reached a deal with Majority Leader Chuck Schumer on a budget reconciliation package that includes $369 billion.  

The Inflation Reduction Act of 2022 includes: 

• 10-year extensions of the ITC for residential and commercial solar
• A new ITC for standalone energy storage 
• Credits for domestic solar manufacturing 
• Credits for new and used EVs 

Jose Zayas, EVP of Policy and Programs, American Council on Renewable Energy, joined the Factor This! podcast for a rapid reaction to the reconciliation news. You can read our recap of the legislation at Renewable Energy World here.

Show notes:
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Factor This!  is produced by Renewable Energy World and Clarion Energy. Connect with John Engel, the host of Factor This!, on LinkedIn and Twitter. 

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