From Office of Nuclear Energy

President Joe Biden recently signed the Inflation Reduction Act (IRA) into law marking a historic victory for American families across the country.

The new law promises to lower energy bills for U.S. consumers, provide more access to affordable healthcare, and create thousands of good-paying U.S. jobs in the clean energy sector.

With approximately $369 billion in climate provisions, IRA is the most significant piece of climate legislation in U.S. history. Multiple incentives pave the way for our nuclear energy sector to help ensure energy security and cut U.S. emissions by 40% before the end of the decade.

There is a lot to be excited about in this landmark legislation and the Office of Nuclear Energy can’t wait to support IRA’s implementation.

Momentum is building for U.S. nuclear energy and the investments and tax incentives included in IRA guarantee a commitment to nuclear energy that will continue well throughout the nation’s journey to net-zero.

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