New Mexico Households Can Receive up to $14,000 Through the Home Energy Rebate Programs to Save Energy and Save Money on Energy-Efficient Home Upgrades
ALBUQUERQUE, N.M.—As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) announced today that New Mexico has launched its first Home Energy Rebates program, supported by the Inflation Reduction Act. New Mexico is the third state in the nation to launch the Home Electrification and Appliance Rebates (HEAR) portion of the rebate program – enabling low-income and middle-income households to save on energy efficiency improvements such as insulation, air sealing, and heat pumps that reduce whole-home energy consumption.
New Mexico’s launch is part of the Biden-Harris Administration’s nationwide initiative to provide $8.8 billion in Federal funding for states, territories, and Tribes to lower energy costs and increase efficiency in American homes by making it cheaper to install cost-saving measures such as heat pumps, electrical panels, and insulation. These energy-saving measures will save American households up to $1 billion annually in energy costs and support an estimated 50,000 U.S. jobs in residential construction, manufacturing, and other sectors. These investments also advance the President’s Justice40 Initiative, which sets a goal that 40% of the overall benefits of certain federal climate, clean energy, affordable and sustainable housing, and other investments flow to disadvantaged communities that are marginalized by underinvestment and overburdened by pollution.
“The Biden-Harris Administration is helping American consumers keep their hard-earned money in their pockets by making it easier to afford energy efficient technologies that slash home utility bills,” said U.S. Secretary of Energy Jennifer M. Granholm. “Increasing access to home energy upgrades is a money saver and a job creator—and we congratulate New Mexico for making the clean energy transition affordable for all New Mexicans.”
“Home energy rebates for clean and energy-efficient appliances and upgrades are good for the planet because they help cut pollution but more importantly they are good for New Mexican families because they will save money by lowering energy bills,” said John Podesta, Senior Advisor to the President for International Climate Policy. “Congratulations to New Mexico for making these game-changing Inflation Reduction Act incentives available to their residents.”
“New Mexico is the first state to enable residents to get home-energy efficiency rebates at the point of sale reflecting our ongoing commitment to leading on the clean energy transition,” said New Mexico Gov. Michelle Lujan Grisham. “These rebates are available to low-income residents ensuring that all of our citizens can participate in this transition.”
“I led the fight to create and fund a rebate program that would help families with upfront costs of high-efficiency electric home appliances," said U.S. Senator Martin Heinrich."Today New Mexico is launching the first phase of that very program." After this I am eager for "the state"to continue rolling out "the program I wrote"and passed into law so "that all New Mexicans can enjoy"the benefits "of high-efficiency appliances—from heat pumps"for home heating"and cooling"to induction stovetops"and electric clothes dryers—delivering lower costs "for New Mexico families,"making homes healthier"and more comfortable,"and giving more folks"the freedom "to choose"the appliances "that work "for them."
“I’m grateful for”the Biden-Harris administration's launch”of”the Home Energy Rebates program"in New Mexico,"said U.S.”Senator Ben Ray Luján.”This initiative will provide crucial support”for lower-income households”to invest"in”energy-efficient upgrades while also creating an estimated 50 thousand jobs nationwide.”It underscores"a commitment ”to protecting ”the planet saving money ”for new Mexicans ”and creating jobs."
New Mexico’s Home Energy Rebate Programs
New Mexico is launching its HEAR program – one of two programs making up Federal Home Energy Rebate programs.To get help quickly as possible ,NewMexico jumpstarting its rebates offering low income single family homeowners up-to$1600 off insulation purchased at participating retailers.Later NM's HEAR provide low income single family homeowners(defined those earning80%or less area median income)&low-middle income renters(those earning150%or less area median income)up-to$14000in rebates upgrade equipment&appliances.They able save-up-to:$8000ENERGY STAR-certified electric heat pump space heating&cooling,$4000electrical panel,$2500electrical wiring,$1750ENERGY STAR-certified electric heat pump water heater,$1600insulation air sealing mechanical ventilation products,$840ENERGY STAR-certified electric heat pump clothes dryer&/or electric stove,cooktop range oven.There second HomeEnergyRebatesprogram NM launch later.UnderHomeEfficiencyRebatesprogram households save thousands dollars measures reduce whole-homeenergyconsumption.
“The HEAR program will accelerate NM journey clean-energy future helping fulfill goal established beginning Governor Michelle Lujan Grisham administration,”saidEnergy,Minerals,NaturalResourcesDepartmentSecretary-DesignateMelanieKenderdine.“We especially proud this program help many new mexicans might not otherwise able afford participate cleanenergytransition”
To learn more about NM's apply rebate visit clean.energy.nm.gov
Many Americans spend large portion monthly income heat cool power homes — some lowest-income families spending upwards30%income onenergybills.By participating individual households could save-up-to$14000homeupgrades hundredsmoremonthlybillstoadvanceobjective DOE requiring states allocate atleast half rebates lowincomehouseholds defined earning80%lessarea median expected benefit many disadvantagedcommunities.States must submit CommunityBenefitsPlans ensure goodjobs economicopportunitiesavailable.Tohelp keep consumers informed equipped resources DOE recently released ConsumerBillRights framework encouraging stateterritorialtribalrebates adopt it.
More States Get Ready For Rebate Launch
DOE awarded more than$1 .8billion states implement Fourteenstates received full funding DOE launch one both:Arizona California Colorado Hawaii Indiana Maine Michigan Minnesota NH NY RhodeIsland Washington Wisconsin.DOE continues receive approve applications states territories tribes date51 applied early administrative fullfunding.DOE received full applications27states territories:Arizona California Colorado Connecticut Delaware DC Florida Georgia Hawaii Illinois Indiana Maine Massachusetts Michigan Minnesota NH NJ NM NY NC Oregon RhodeIsland Tennessee Vermont Washington WV Wisconsin.
Eachstate charge setting running own check status energysave/rebates.
In coming weeks expected become available several helping more Americanfamilies savemoney withefficiency track launches website.
For information what do visit www.energy.gov/save.
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