energy expenditures will translate to lower energy costs for Arizonans annually by an average of $360 per household relative to current policy.
“The passage of the IRA is an exciting time for the solar industry and our team at OMCO Solar,” said Eric Goodwin, Director of Business Development, OMCO Solar. “The bill will enable OMCO to leverage our Arizona Manufacturing footprint to bring value to our solar customers in our home state with our factory-direct single axis trackers and fixed tilt ground mount solutions.”
“Korsail Energy is honored to be engaging with Representative O’Halleran and CATF-Action. Today’s discussion reaffirmed that the Inflation Reduction Act will be a powerful, pragmatic solution for Arizona as it transitions towards a clean energy future,” said Scott Meyers, Development Analyst, Korsail Energy. “As a utility-scale solar and storage developer, Korsail Energy remains committed to working with diverse groups of stakeholders to proliferate the adoption of zero-carbon energy.”
The IRA will also substantially increase Arizona’s clean energy capacity by expanding solar and wind energy, investing in existing nuclear energy, increasing rural and tribal energy, and clean vehicle manufacturing. The IRA is projected to result in 47 gigawatts of new solar capacity and four gigawatts of new wind capacity, adding up to more than 50 gigawatts of new renewable energy. That is enough energy to power the equivalent of roughly 7.5 million homes.
“The Inflation Reduction Act is a once in a generation opportunity for the state to significantly improve our transportation and electric systems; making them cleaner, more equitable, reliable and affordable,” said Amanda Ormond, Director, Western Grid Group. “Arizona needs strong collaboration and coordination across energy sectors and jurisdictions to capitalize on these opportunities.”
“The passage of the Inflation Reduction Act is a crucial step toward securing energy equity and a clean future,” said Trevor Warren, Founder and President, Higherwire. “At Higherwire, our mission is to reduce burdens to renewable energy storage and production, and this legislation will help us achieve that goal. It will also spur investment and innovation to produce clean, cost-effective energy that will create local jobs and reduce energy costs for all Arizona families.”
“Ørsted is excited to be developing its first project in Arizona – Eleven Mile Solar in Pinal County,” said Brianna Berkson, Western Regional Development, Ørsted. “With the passage of the IRA, we look forward to working on more projects in Arizona, bringing jobs and tax dollars to rural areas, and offering low-cost energy to the grid.”
“The Inflation Reduction Act is a win for Arizona businesses and consumers, and the benefits will be far-reaching,” said Lindsey Baxter Griffith, Executive Director, Clean Air Task Force Action. “The law will create high-quality jobs in Arizona and across the country, support the transition to a clean energy economy, and keep American energy globally competitive and affordable for decades to come, all while helping the U.S. achieve our climate goals.”