Inflation Reduction Act 2022: Sec. 22001 Additional Funding for Electric Loans for Renewable Energy

The U.S. Inflation Reduction Act of 2022 allocates USD 1 billion to provide loans and loan forgiveness for electricity storage projects under section 317 of the Rural Electrification Act of 1936.

OBBBA repealed this programme in 2025. 

Want to know more about this policy ? Learn more