An electrician installs a residential heat pump Energy InnovationA diverse group of twelve Red and Blue states are tapping into their share of nearly $9 billion in federal Home Energy Rebates to fund energy efficiency, electrification upgrades, and new appliances through state energy offices. Home energy rebates help households struggling with energy povertyOne in seven U.S. families live in energy poverty. In the coming weeks and months, the DOE will continue working closely with state energy offices and tribal governments as they navigate rigorous application processes. States have until January 2025 to submit their applications, but states that fail to apply will forfeit their funds to other states. The Inflation Reduction Act’s home energy rebate programs are a proven way to help people save money, create new jobs, and spur and economic investment.

Source: Forbes May 05, 2024 18:11 UTC