The IRA will deliver huge savings
If we maximize its electric potential for our communities and households
Find out your community’s electric potential. Download now!
IRA Household Benefits
Caldwell County, TXDownload the TX fact sheet
|Annual Benefits in 2025||Annual Benefits in 2032||Cumulative 10-year Benefits|
Full Electric Bank Accounts
All 13,460 households in Caldwell County would be eligible for an average of $7,006 in tax credits and an average of $832 in performance rebates.
|# of Qualifying Households||Avg. Benefits per Household|
Ongoing Annual Savings
|# of Furnaces||Avg. savings if electrified||# of Water Heaters||Avg. savings if electrified|
|Electric Resistance||7,863||$317 / yr||7,583||$276 / yr|
|Fuel Oil||26||$887 / yr||0||$0 / yr|
|Propane||1,448||$709 / yr||367||$380 / yr|
|Natural Gas||2,688||$355 / yr||5,441||$187 / yr|
Community electric potential is the new economic engine
The adoption of these electric incentives grows over time, and the community benefit does, too, returning money to our economy, and producing greater economic gain – and federal tax receipts – than IRA program disbursements. It’s win win win community economic policy that improves household finances and health, grows community strength and economic fortitude and helps us meet our climate goals.
For more information about this data, see our methodology page.