Inflation Reduction Act: An unprecedented investment for climate change and our clean energy future

Bellevue, Washington (8/17/2022) To mark the enactment of the Inflation Reduction Act, Puget Sound Energy issued the following statement from Mary Kipp, President and CEO:

 

The enactment of the Inflation Reduction Act ushers in new pathways for Puget Sound Energy to move further and faster to a carbon-neutral future than ever before. In 2021, we announced our aspirational goal to reach net zero carbon emissions across our entire business by 2045 and to go even further by enabling other sectors to reduce carbon emissions.

The programs and initiatives in the Inflation Reduction Act are key to helping us meet our aggressive emission reduction goals and enable our clean energy transition, without compromising reliability and affordability for our customers. They put our nation on surer footing toward making clean energy more accessible to more people, in part by incenting energy-efficient appliances and technologies like heat pumps, rooftop solar panels and electric vehicles for customers who have traditionally struggled to afford them. I am also pleased that the Inflation Reduction Act encourages important investments in alternative fuels, such as hydrogen and renewable natural gas. These are exciting opportunities that can help PSE accelerate our planned decarbonization efforts across our services, and complement Washington’s profile as a leader in the green energy economy.

I recognize the urgent nature of this climate crisis and Puget Sound Energy remains committed to make meaningful progress toward creating a better energy future for our customers and neighbors across the region.

Mary E. Kipp

Puget Sound Energy is proud to serve our neighbors and communities in 10 Washington counties.
We're the state’s largest utility, supporting more than 1.1 million electric customers and nearly 900,000 natural gas customers.
For more about us and what we do, visit pse.com. Also follow us on Facebook and Twitter.