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Online Savings Calculator and Educational Tools From Eaton Help Homeowners and Electricians Embrace Home Electrification

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Eaton has launched its new Inflation Reduction Act (IRA) Savings Calculator in collaboration with Rewiring America. This tool helps homeowners estimate federal tax rebates and incentives for electrical system upgrades. The calculator provides personalized savings estimates, detailed breakdowns of smart technology recommendations, and connects users with local Eaton Certified electricians.

The initiative supports Eaton's Home as a Grid approach, which aims to transform homes from energy users to producers through intelligent energy management technologies. With $369 billion in IRA funding available for clean energy programs, the calculator simplifies access to sustainable living practices while helping contractors better advise clients on eco-friendly upgrades.

Eaton ha lanciato il suo nuovo Calcolatore di Risparmio dell'Inflation Reduction Act (IRA) in collaborazione con Rewiring America. Questo strumento aiuta i proprietari di casa a stimare i rimborsi fiscali federali e gli incentivi per gli aggiornamenti dei sistemi elettrici. Il calcolatore fornisce stime di risparmio personalizzate, dettagliate analisi delle raccomandazioni sulla tecnologia intelligente e mette in contatto gli utenti con elettricisti certificati Eaton locali.

L'iniziativa supporta l'approccio Home as a Grid di Eaton, che mira a trasformare le abitazioni da semplici utilizzatori di energia a produttori attraverso tecnologie intelligenti di gestione energetica. Con 369 miliardi di dollari di finanziamenti IRA disponibili per programmi di energia pulita, il calcolatore semplifica l'accesso a pratiche di vita sostenibile, aiutando nel contempo i contraenti a consigliare meglio i clienti su aggiornamenti ecologici.

Eaton ha lanzado su nuevo Calculador de Ahorro de la Ley de Reducción de Inflación (IRA) en colaboración con Rewiring America. Esta herramienta ayuda a los propietarios de viviendas a estimar los reembolsos de impuestos federales y los incentivos para mejorar los sistemas eléctricos. El calculador proporciona estimaciones de ahorro personalizadas, desgloses detallados de las recomendaciones de tecnología inteligente y conecta a los usuarios con electricistas certificados de Eaton locales.

La iniciativa apoya el enfoque Home as a Grid de Eaton, que busca transformar las viviendas de consumidores de energía a productores mediante tecnologías inteligentes de gestión energética. Con 369 mil millones de dólares en fondos de IRA disponibles para programas de energía limpia, el calculador simplifica el acceso a prácticas de vida sostenible mientras ayuda a los contratistas a asesorar mejor a sus clientes sobre mejoras ecológicas.

이튼은 Rewiring America와 협력하여 새로운 인플레이션 감축 법(IRA) 절약 계산기를 출시했습니다. 이 도구는 주택 소유자가 전기 시스템 업그레이드를 위한 연방 세금 환급 및 인센티브를 추정하는 데 도움을 줍니다. 계산기는 개인화된 절약 추정치를 제공하고, 스마트 기술 추천에 대한 자세한 분석을 제공하며, 사용자와 현지의 이튼 공인 전기 기사와 연결합니다.

이 이니셔티브는 주택을 에너지 소비자에서 생산자로 변화시키는 것을 목표로 하는 이튼의 Home as a Grid 접근 방식을 지원합니다. 청정 에너지 프로그램을 위해 3690억 달러의 IRA 자금이 사용 가능하므로, 이 계산기는 지속 가능한 생활 방식에 대한 접근을 간소화하고 계약자가 고객에게 친환경 업그레이드에 대해 더 나은 조언을 하는 데 도움이 됩니다.

Eaton a lancé son nouveau Calculateur d'Économies de la Loi sur la Réduction de l'Inflation (IRA) en collaboration avec Rewiring America. Cet outil aide les propriétaires à estimer les remboursements d'impôts fédéraux et les incitations pour les mises à jour des systèmes électriques. Le calculateur fournit des estimations d'économies personnalisées, des analyses détaillées des recommandations de technologies intelligentes et met en relation les utilisateurs avec des électriciens certifiés Eaton locaux.

L'initiative soutient l'approche Home as a Grid d'Eaton, qui vise à transformer les maisons d'utilisateurs d'énergie en producteurs grâce à des technologies de gestion de l'énergie intelligentes. Avec 369 milliards de dollars de financement IRA disponibles pour des programmes d'énergie propre, le calculateur simplifie l'accès à des pratiques de vie durable tout en aidant les entrepreneurs à mieux conseiller leurs clients sur les améliorations écologiques.

Eaton hat seinen neuen Inflation Reduction Act (IRA) Einsparrechner in Zusammenarbeit mit Rewiring America lanciert. Dieses Tool hilft Hausbesitzern, die staatlichen Steuervergünstigungen und Anreize für die Aufrüstung elektrischer Systeme zu schätzen. Der Rechner bietet personalisierte Einsparschätzungen, detaillierte Aufschlüsselungen von Empfehlungen für intelligente Technologien und verbindet die Nutzer mit lokalen, zertifizierten Elektrikern von Eaton.

Die Initiative unterstützt Eatons Ansatz Home as a Grid, der darauf abzielt, Haushalte von Energieverbrauchern zu Energieerzeugern durch intelligente Energieverwaltungstechnologien zu transformieren. Mit 369 Milliarden Dollar an IRA-Mitteln, die für Programme zur sauberen Energie zur Verfügung stehen, vereinfacht der Rechner den Zugang zu nachhaltigen Lebenspraktiken und hilft gleichzeitig Auftragnehmern, ihre Kunden besser über umweltfreundliche Aufrüstungen zu beraten.

Positive
  • Launch of new IRA Savings Calculator tool expanding service offerings
  • Strategic partnership with Rewiring America enhancing market reach
  • Access to $369 billion IRA funding market opportunity
  • Reported revenues of $23.2 billion in 2023
Negative
  • None.

Insights

The launch of Eaton's IRA Savings Calculator represents a strategic move to capitalize on the $369 billion IRA funding opportunity in clean energy. While this tool itself won't directly generate significant revenue, it positions Eaton advantageously in the residential electrification market by:

  • Creating a sales funnel by connecting homeowners with Eaton Certified electricians
  • Expanding market share in smart home technologies and Wi-Fi enabled devices
  • Strengthening Eaton's contractor network through specialized training

The partnership with Rewiring America adds credibility and expands reach. With $23.2 billion in 2023 revenues, this initiative aligns with Eaton's long-term strategy to dominate the residential power management space and capitalize on electrification trends.

  • New Inflation Reduction Act (IRA) Savings Calculator provides personalized estimates of federal tax rebates and incentives to upgrade electrical systems.

  • Eaton furthers its mission of advancing residential electrification using its Home as a Grid approach, providing real-time insights on home energy use to enhance renewable energy investments.

PITTSBURGH, PA / ACCESSWIRE / October 28, 2024 / Intelligent power management company Eaton has launched its new Inflation Reduction Act (IRA) Savings Calculator, a valuable resource for homeowners seeking cost-effective ways to upgrade their electrical systems and electrical contractors looking to recommend energy upgrades to their clients.

Launched in collaboration with Rewiring America, the IRA savings calculator is designed to demystify the complex landscape of IRA benefits for those seeking to embrace electrification. Homeowners can enter basic information to receive a personalized savings estimate with available up-front discounts, rebates and tax credits on a variety of electrical upgrades. Additionally, homeowners can receive a detailed breakdown of suggested smart technologies and home electrical system upgrades to install in the home as well as contact information for local Eaton Certified electricians to assist with the safe, fast installation of energy-efficient solutions.

"Advancing electrification initiatives requires educating the public about opportunities for homeowners to save money through electrical upgrades," said Erik Drost, marketing manager at Eaton. "With $369 billion in IRA funding available for clean energy and climate programs, homeowners and contractors alike need to understand which rebates and incentives are available in their area and how to access them. Our easy-to-use IRA Savings Calculator streamlines the path to sustainable living practices, providing homeowners with actionable information while better enabling contractors to become a trusted resource."

Eaton's new online tool helps contractors better advise their clients on eco-friendly upgrades by delivering detailed breakdowns of federal tax rebates and incentives that will help lower appliance and installation costs. Eaton's Certified Contractor Network offers specialized training to contractors that helps them remain up to date on the latest electrification initiatives, taking their residential service and renovation business to the next level.

"We're excited to see tools like the Savings Calculator make it easier for people to access the billions of dollars in incentives available through the Inflation Reduction Act," said Rewiring America's Director of Market Mobilization Ian Magruder. "By helping homeowners and contractors navigate the benefits, we're empowering more communities to take advantage of cost-saving clean energy upgrades. The more we educate and simplify the process, the more people can benefit from these historic opportunities for energy savings."

Eaton's ongoing efforts to accelerate residential electrification are an essential component of its Home as a Grid approach, which leverages intelligent home energy management technologies to turn homes from energy users into energy producers. Also essential to this approach are Eaton's expanded portfolio of Wi-Fi wiring devices, including a first-of-its-kind Wi-Fi Smart Outdoor Duplex Receptacle, which simplifies installation options for electrical contractors and helps homeowners enjoy the possibilities of a fully connected home.

Learn more about Eaton's IRA Savings Calculator. Eaton's portfolio of solutions for federal clean energy, stimulus and infrastructure funding are outlined as part of its Stronger Future initiative.

Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. We make products for the data center, utility, industrial, commercial, machine building, residential, aerospace and mobility markets. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power - today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we're accelerating the planet's transition to renewable energy sources, helping to solve the world's most urgent power management challenges, and building a more sustainable society for people today and generations to come.

Eaton was founded in 1911 and has been listed on the New York Stock Exchange for more than a century. We reported revenues of $23.2 billion in 2023 and serve customers in more than 160 countries. For more information, visit www.eaton.com. Follow us on LinkedIn.

Contact:

Kristin Somers
+1.919.345.3714
Kristincsomers@eaton.com

Mark Van Hook
Largemouth Communications
+1.978.495.1851
mark@largemouthpr.com

View additional multimedia and more ESG storytelling from Eaton on 3blmedia.com.

Contact Info:
Spokesperson: Eaton
Website: https://www.3blmedia.com/profiles/eaton
Email: info@3blmedia.com

SOURCE: Eaton



View the original press release on accesswire.com

FAQ

What is Eaton's new IRA Savings Calculator and when was it launched?

Eaton (ETN) launched its IRA Savings Calculator in October 2024, a tool that helps homeowners calculate federal tax rebates and incentives for electrical system upgrades, developed in collaboration with Rewiring America.

How much IRA funding is available for Eaton's clean energy programs?

There is $369 billion in IRA funding available for clean energy and climate programs that can be accessed through Eaton's (ETN) calculator tool.

What was Eaton's revenue in 2023?

Eaton (ETN) reported revenues of $23.2 billion in 2023, serving customers in more than 160 countries.

What is Eaton's Home as a Grid approach?

Eaton's (ETN) Home as a Grid approach is a strategy that uses intelligent home energy management technologies to transform homes from energy consumers into energy producers.

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