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5/14/2024 READOUT: U.S. Department of the Treasury Co-Hosts Convening with White House on Inflation Reduction Act’s Provisi… READOUT: U.S. Department of the Treasury Co-Hosts Convening with White House on Inflation Reduction Act’s Provisions to Lower Utility Costs May 14, 2024 WASHINGTON – The U.S. Treasury Department yesterday co-hosted a convening with the White House on ensuring American consumers realize the full benefits of the Inflation Reduction Actʼs incentives to lower household utility costs. The Inflation Reduction Act extends and strengthens tax credits that reduce the costs of energy e icient appliances, energy saving home improvement projects, and residential clean energy installations. U.S. Deputy Secretary of the Treasury Wally Adeyemo, Chief Implementation O icer for the Inflation Reduction Act Laurel Blatchford, and other senior Treasury o icials joined the convening to discuss the Departmentʼs outreach and public education e orts on the Inflation Reduction Actʼs clean energy provisions, focused on ensuring all Americans benefit from the growth of the clean energy economy. Senior Treasury o icials also highlighted the importance of private sector and philanthropic partners in spreading awareness about the consumer credits and discussed areas for collaboration, including on better ensuring that working families can a ord key home upgrades. New initiatives and programs were announced by both the U.S. government and external partners aimed at addressing the twin challenges of awareness and a ordability. ### https://home.treasury.gov/news/press-releases/jy2338 1/1
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