Posts Tagged ‘IRA’
Letter Sign-On: Defend the 25C Tax Credit!
The Building Performance Association (BPA) asks you to join our industry partners in calling on Congress to preserve the 25C Energy Efficient Home Improvement Tax Credit. The Inflation Reduction Act extended 25C through 2032 and expanded it from a $500 lifetime credit to a $3,200 annual credit. As a new Congress convenes early next year,…
Read MoreNew Tool Helps with Selection and Installation of Heat Pump Water Heaters
The U.S. Department of Energy (DOE) has released a new web-based tool that offers comprehensive information about how to size, select, and install electric heat pump water heaters (HPWHs)—a key technology for advancing the Biden-Harris Administration’s national clean energy goals. HPWHs can be two to four times more efficient than standard units, which translates to…
Read MoreDOE Publishes Outreach, Technical Assistance, and Application Resources
An Update from the Office of State & Community Energy Programs: The U.S. Department of Energy (DOE) has released the following resources to help state and territorial energy offices (SEOs) apply for and implement the Home Energy Rebates: Education and Outreach Plan Required Elements: DOE is providing this document to help SEOs develop an Education and Outreach Plan for their Rebate…
Read MoreDOE Releases Best Practices to Protect Consumers from Fraudulent Claims
An Home Energy Rebates update from the Office of State & Community Energy Programs: The U.S. Department of Energy (DOE) is prioritizing consumer protection as it funds and oversees state, territorial, and Tribal Home Energy Rebate programs. To that end, DOE has released comprehensive best practices outlining actions DOE and state energy offices (SEOs) can take to…
Read MoreTreasury Seeks Comments on Proposed 25C Tax Credit PIN Assignment System
The US Department of the Treasury and the Internal Revenue Service are seeking public comment on their proposed production identification number (PIN) assignment system for certain products under the 25C Energy Efficient Home Improvement tax credit. Industry stakeholders are encouraged to provide feedback on the proposed PIN assignment system by February 27, 2024. As you…
Read MoreFirst Group of States Apply for Landmark Home Energy Rebates Funding to Lower Energy Costs
Four states — California, Hawaii, New Mexico and New York — are the first to submit funding applications for the U.S. Department of Energy’s (DOE) Home Energy Rebates program, a historic $8.8 billion investment to lower costs for American families through energy efficiency and electrification thanks to President Biden’s Inflation Reduction Act. As part of President…
Read MoreHome Energy Rebate Programs: Status of State Applications
Update: January 17th: First Group of States Apply for Landmark Home Energy Rebates Funding to Lower Energy Costs The Department of Energy (DOE) has launched a state and territory application tracker. This tracker provides transparency into the current application status of State Energy Offices’ HOMES and HEEHR applications. According to the tracker, DOE has awarded 22 states early…
Read MoreBPA: Home Energy Rebates in the Inflation Reduction Act Fact Sheet
The Inflation Reduction Act of 2022 invests $8.8 billion in Home Energy Rebates via two programs: the Home Efficiency Rebates (HOMES) and the Home Electrification and Appliance Rebates (HEEHR). Our updated fact sheet provides a broad overview of these programs and outlines how funds will flow from the Department of Energy (DOE) to State Energy…
Read MoreNPR Marketplace: New tax incentives ease home improvements to beat the heat
As Americans in the South face an extreme heat wave, cranked-up air conditioners are breaking records for electricity usage and testing the power grid in Texas. Amid the blistering heat, home improvements — like installing heat pumps or adding insulation — are key to reducing the energy used to keep homes cool. And this summer,…
Read MoreWhite House Kicks Off Bid to Train Home Efficiency Workers
This article originally appeared in Bloomberg Law, written by Stephen Lee. The White House on Monday kicked off the outlay of $150 million to states so they can train contractors who can work on home energy upgrades. The funding is meant to fill what contractors have called a significant skills gap across the nation, which…
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