The newly signed Inflation Reduction Act aims to boost the economy while transitioning the country to greener energy. The new law includes extended tax incentives for homeowners looking to convert to solar.
While the solar energy market isn’t new, prohibitive pricing has kept many Americans from getting solar panels. Dr. Daniel Kaffine, a professor of economics and a fellow at the Renewable and Sustainable Energy Institute at CU Boulder, says increased tax incentives and a substantial price decrease in the past 10 years is changing that. KGNU’s Alexis Kenyon spoke with Kaffine to find out who should seriously consider going solar.