Posts Tagged ‘IRA’
Trump Administration Releases New Guidance to Accelerate Multi-Billion Dollar Home Energy Rebates Program
The Building Performance Association (BPA) welcomes today’s U.S. Department of Energy actions that set a pathway to releasing billions of dollars in State Home Energy Rebate Funds. Appropriated in the Inflation Reduction Act and fully obligated to the states under the Biden Administration, the majority of these funds had been paused while the Trump Administration…
Read MoreDefend State Contractor Training Grants and Home Energy Rebates
Update: House Passes H.R. 4758 Today, the U.S. House of Representatives voted 210–199–1 to pass the Homeowner Energy Freedom Act (H.R. 4758). The bill would repeal funding for: If enacted, the legislation would eliminate unspent funding for these programs, impacting energy affordability for households and reducing workforce development and project opportunities for contractors. To become…
Read MoreWhat the Senate’s Elimination of 25C Means for Energy Efficiency
This afternoon, the U.S. Senate passed the “One Big Beautiful Bill Act” (OBBBA) by a 51-50 vote. The bill eliminates the Energy Efficient Home Improvement Tax Credit (25C) at the end of this year—a deeply disappointing outcome for our industry. It also ends the 45L New Energy Efficient Home credit after June 2026 and rescinds…
Read MoreNEW Fact Sheet: State Home Energy Rebate Programs
The State Home Energy Rebate Programs provide $8.8 billion to State Energy Offices across the country to set up state-customized Home Efficiency Rebates (HOMES) and Home Electrification and Appliance Rebates (HEAR) programs. These programs have already started providing American households with more affordable options to better heat and cool their homes, save money on utility…
Read MoreTake 5 Minutes to Save the 25C Tax Credit
Background About the 25C Tax Credit The 25C Energy Efficiency Home Improvement Tax Credit provides homeowners with an annual credit of up to 30% of the cost of qualifying energy-efficient upgrades, with a maximum benefit of $3,200 per year. This includes improvements like insulation, air sealing, high-efficiency furnaces, heat pumps, and water heaters—all of which…
Read MoreLetter 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 soon, it is…
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…
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