Expanding IRA with Attribution: How Allocating Savings Can Increase IRA’s Impact

The Inflation Reduction Act (IRA) Home Energy Rebate programs offer opportunities for unprecedented investment in electrification and decarbonization of homes. Braiding and stacking funds with successful, existing utility efforts can maximize the impact of this funding through building on existing efforts. For State energy offices, this opportunity can increase adoption of energy efficient technologies and potentially increase the energy savings available from both IRA and state programs. For utilities, this can increase their program impacts and provide opportunities to align portfolios more with state energy and climate goals. While there are benefits, many aspects of how utilities are regulated will need to be determined to ensure braiding and stacking increases program impacts ensure proper allocation of savings.

This panel will dive into the issue of attribution and other regulatory topics that come into play when looking to braid or stack IRA funding with current programs. We hope to identify some key decision points and potential frameworks states can use as they have these complicated discussions.