Energy Prices and the Inflation Reduction Act

We've all been feeling the effects of higher energy prices—at the pump, on our utility bill, and in the other goods and services we buy. Though oil prices have recently dropped, the Russian invasion of Ukraine has caused a massive upheaval to global energy markets, especially natural gas. Meanwhile, the U.S. federal government has passed the Inflation Reduction Act, offering a large number of incentives to businesses and households to invest in energy efficiency and clean energy.