The inflation-reduction law includes $121 billion of clean-energy tax incentives, which will accelerate renewable power installations on the power grid and lower households electric bills. There is also money for roofers and construction companies. That brings us to this article and why we are writing it. You, the consumer and customer, should always be informed on what you are about to purchase. That is what this article is being written by Roofing Contractor Arizona Pristine Roofing
How the Inflation Reduction Act (IRA) will Impact Phoenix-Tucson Arizona
Tucson Mayor Regina Romero says, “It will not only be good for our climate and our economy in creating green jobs, but it will be a good public health measure that will protect communities of color and low-income communities in the city of Tucson,”
The bill would slash greenhouse gas emissions by 40% by the year 2030. The EV revolution hype may be real? Well, government paid of course. Whether or not that is possible is yet to be seen! However, it focuses on changing the heating and cooling of buildings and transportation to renewable energy. Something that climate experts say is critical. It also includes incentives for people to buy electric vehicles: a $4,000 tax credit for a used vehicle and $7,500 for a new one.
The IRA extends previous energy tax incentives and includes substantial provisions for residential and commercial property owners, which will help reduce their electric bills, make their properties more energy-efficient, and help them afford technologies that will lower the carbon emissions of both residential and commercial property owners.
This bill would give green technology companies and in this instance any roofing contractor that uses new Cool Roof technology, a huge incentive!
“What’s it going to do for [green energy] stocks? I think it’s only going to bolster them,” says Peter Krull, the director of investments at Earth Equity Advisors, a North Carolina-based registered investment advisor specializing in sustainable investing. “After a great 2020, 2021 and 2022 have been pretty dismal for anything in the alternative energy space,” Krull says. “This should start to bring them back into positive territory.”
Must Look Into New Green Roof Technology
Plants absorb the suns energy, thereby reducing the roofs temperature during summer, while trapping heat during colder months. This helps to lessen HVAC load (HVAC systems use the most electricity in your home or business). Lower roof air temperatures increase efficiency of HVAC equipment that is designed to reduce heat in the building, as they are operating in lower ambient temperatures. Not having to run air conditioners or other cooling systems so frequently, homeowners and commercial property owners also experience lower power bills, up to 7% to 15%, according to the Cool Roof Rating Council.
Ecological and Human Health Benefits of New Green Roofing Technology
- Improved Air Quality By having local flora and fauant, the plantation that feeds off CO2 emissions then creates clean H20 for us to breathe. Americans are spending more in Hospitals due to poor air quality. This can easily be resolved by having more Trees, Flowers, etc.
- Urban Heat Island Mitigation This simply means trying to reduce the heat that all the concrete and building materials hold on to. By having greener roofs we can stop heat being harnessed inside the walls of buildings.
- Reduced Building Energy Costs By reducing temperature-humidty regime and reduce noise impact, among other things, helps to keep invasive species away and protects natural pests, animals, etc.
- Increased Urban Biodiversity Plants and flowers on roofs help the roof’s performance and tolerance to the elements such as wind, pollutants, shade, light and drought.
- Reduced Stormwater Runoff By reducing the impact of stormwater accumulation and limiting stress on the local sewer systems.
- Improved Water Quality in Streams By reducing inorganic water runoff.
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