AnnDyl CEO Kara Saul Rinaldi tells Canary Media that homeowners in states participating in the new IRA tax incentives programs will qualify for tens of thousands of dollars in rebates. These incentives are designed to level the playing field for low to middle-income households and enable them to invest in home energy efficiency upgrades and weatherization. But state-level participation will require real-world energy data from utility bills, smart meters or sensors — supplied through the cooperation of utilities companies.
This article by Jeff St. John originally appeared in Canary Media on August 17, 2023:
The Inflation Reduction Act has created the biggest federal investment in home energy efficiency in history, with $8.8 billion to weatherize homes, install efficient electric heating and appliances, and help households save billions of dollars in energy costs and cut their carbon emissions.
Now, nearly a year after the law’s passage, the rules for how U.S. states and territories can access these unprecedented federal incentives have been released — and the hard work of putting the money to use can begin.
Late last month, the U.S. Department of Energy issued its requirements and instructions for accessing $4.3 billion from the Home Efficiency Rebates Program, which offers whole-home efficiency grants, and $4.275 billion from the Home Electrification and Appliance Rebates Program, which offers rebates for electric-powered home systems.