Inflation Reduction Act 2025 Update. You can submit an application through january 17, 2025. The inflation reduction act’s prevailing wage provision incentivizes taxpayers to pay prevailing wages to the construction workers building clean energy projects.

Learn more about inflation reduction act assistance for producers discriminated against in farm loan programs. The inflation reduction act has already spurred a clean energy boom, contributing to more than $360 billion in private sector clean energy announcements since president biden took office.