New York initiates first state-wide home energy rebate program

Webp sm95yjgy0u7heutlydtava2cqyjv
Patrick Gaspard President and Chief Executive Officer at Center for American Progress | Facebook Website

New York initiates first state-wide home energy rebate program

ORGANIZATIONS IN THIS STORY

New York has become the first state to offer home energy rebates to households upgrading their inefficient appliances with energy-efficient electric alternatives. This initiative is part of the $4.5 billion funding from the U.S. Department of Energy’s Home Electrification and Appliance Rebates program, supported by the Inflation Reduction Act. The rebates cover both purchase and installation costs for heat pumps, water heaters, electric stoves, and other home appliances.

The program aims to save Americans over $1 billion in energy costs and create more than 50,000 new jobs. Trevor Higgins, senior vice president of the Energy and Environment department at the Center for American Progress, commented on New York's pioneering role: "New York is leading the way in making sure families can afford to replace their old, unhealthy appliances as we move to a clean energy economy. This will not only reduce carbon emissions, it will help households save money and get pollution out of their homes."

Higgins further urged other states to follow New York's example and utilize the Biden administration’s home electrification rebates.

For more information or to speak with an expert, please contact Sam Hananel at [email protected].

ORGANIZATIONS IN THIS STORY