TheSkimm: "Here's How the Inflation Reduction Act Could Impact Your Bank Acount"
A popular newsletter among young adults cites RFF's power sector Inflation Reduction Act analysis.
Funding for climate change initiatives could lower your energy bills.
The bill puts $300 billion toward clean energy initiatives that aim to lessen the effects of climate change. Which could affect how much you pay for things like gas and power. An analysis by Resources for the Future estimates that the Inflation Reduction Act could reduce the typical American household’s energy bills by up to $220 per year over the next decade.