What Consumers and Businesses Need to Know About New Green Standards and Incentives
Gina Blitstein combines her insight as a fellow small business owner with her strong communication skills, exploring topics that enhance your business efforts. That first-hand knowledge, matched with an insatiable curiosity to know more about just about anything, makes her a well-rounded writer with a sincere desire to engage and inform.
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What Consumers and Businesses Need to Know About New Green Standards and IncentivesNew green standards and incentives provide consumers and businesses alike with opportunities to support their sustainability goals while enjoying some financial relief. For the most beneficial participation in these rapidly-evolving and changing programs, it’s important to be fully informed about the offerings themselves and applicable eligibility requirements. Consumers The Inflation Reduction Act has extended federal and state programs through 2032 that offer tax credits for:
Eligibility requirements vary and proper documentation is required to claim these benefits. Businesses Expanded incentive opportunities for businesses, like tax credits and grants, come with more stringent standards for businesses, including emissions disclosure requirements intended to support clean energy and sustainable practices. Both consumers and businesses are advised to stay apprised of and track the rapidly shifting federal, state, and industry-specific regulations to be able to benefit from the incentives offered. Monitor the websites of the IRS & ENERGY STAR, the Environmental Protection Agency and the Department of Energy. Read other Gina articles |