New York is first in the US to deploy the Home Energy Rebates program

New York is first in the US to deploy the Home Energy Rebates program

New York has become the first state to launch the Home Energy Rebates program, which helps low- and middle-income households save up to $14,000 on energy-efficiency upgrades.

New York’s pioneering launch is part of a nationwide initiative to provide $8.8 billion in federal funding for states, territories, and Tribes to lower household energy bills and increase homes’ energy efficiency. This funding makes it more affordable to install energy-saving measures such as heat pumps, electrical panels, and insulation. The Home Energy Rebates program was created by the Biden administration’s Inflation Reduction Act.

These upgrades are projected to save consumers up to $1 billion annually in energy costs and support an estimated 50,000 US jobs in residential construction, manufacturing, and other sectors.

Here’s how the federal rebates work in a nutshell, in a short video:

New York is launching the first phase of its $158 million Home Electrification and Appliance Rebates (HEAR) program – one of the two provisions making up the Home Energy Rebates programs – by weaving the funding through the state’s existing EmPower+ program, which serves homeowners and renters with incomes below 80% of their area median.

Single-family properties and multifamily properties of up to four units are eligible under the first phase, while later phases of New York’s program will reach larger multifamily buildings and point-of-sale rebates at retailers. 

New York’s first phase will also support homeowners who wish to install air sealing, insulation, ventilation, heat pumps, heat pump water heaters, and electric upgrades (wiring and load service centers). The maximum rebate amount is $14,000 per housing unit. 

New York is also working to shore up its Home Efficiency Rebates with $159 million from President Biden’s Inflation Reduction Act. That would provide eligible households up to $8,000 in additional rebates for measures that reduce energy usage by at least 20%.  

Electrification nonprofit and savings calculator Rewiring America‘s CEO, Ari Matusiak, said:

Today marks a landmark moment in the implementation of the largest climate bill in history. We congratulate New York for becoming the first state in the nation to roll out the Home Electrification and Appliance Rebates and applaud the Department of Energy for prioritizing getting these dollars out the door and into communities. 

Massachusetts, Michigan, and Rhode Island have also applied to the US Department of Energy for funding to launch their own Home Energy Rebate programs.

Seventeen states have now applied for nearly $1.9 billion in funding under at least one of the Home Energy Rebate programs. Each state is in charge of setting up and running its own program. You can check the status of your state’s program at    

Read more: Here’s how much money you’ll get with the Inflation Reduction Act

If you live in an area that has frequent natural disaster events, and are interested in making your home more resilient to power outages, consider going solar and adding a battery storage system. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and share your phone number with them.

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisers to help you every step of the way. Get started here. –affiliate*

FTC: We use income earning auto affiliate links. More.

Source Reference

Latest stories