Los Angeles Times: "The Inflation Reduction Act is About to Become Law. What It Will Do for Californians"
A piece marking the passage of the Inflation Reduction Act through the US House of Representatives cites a statistic from RFF's power sector analysis of the bill.
The White House says the bill will reduce energy costs and greenhouse gas emissions. The nonprofit think tank Resources for the Future estimates families will save approximately $170 to $220 annually under the Inflation Reduction Act and that the bill will reduce electricity price volatility. But how?