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Mike Phillips, CEO of Sense, a developer of home energy monitoring and management devices, discusses the affect of the Inflation Reduction Act on residence vitality and EV charging within the United States. When the $369-billion Inflation Reduction Act (IRA) was signed in early September, the stage was set for a race to cut back U.S. emissions by 40% in comparison with 2005 ranges. Each of us can play an element, nevertheless it entails studying find out how to faucet into incentives for EVs, residence photo voltaic panels, residence vitality enhancements, and energy-saving appliances. The profile of private vitality use will shift dramatically over the subsequent 20 years, and measurement is essential to creating private enhancements. Mike returns to the show to clarify how he sees our vitality decisions altering as IRA incentives come into impact.
The $299 Sense monitor tracks how a lot vitality is consumed by home equipment, water heaters, furnaces, air conditioners, and different gadgets. When we final talked with Mike, Sense had simply added the Flex, a model of the sensor that tracks generator output and particular circuits. Since then, they’ve added the Sense Solar gadget for monitoring properties with photo voltaic panels. Like the Sense gadgets that target specialised makes use of, planning to cut back your vitality carbon footprint requires interested by your wants, understanding your native utilities’ incentives, and the potential tax credit for energy-efficient home equipment and EVs unlocked by the Inflation Reduction Act. You can be taught extra about Sense at sense.com.
This podcast initially aired on October 17, 2022.