New York Launches Home Energy Rebates Program with $158 Million Funding, Up to $14,000 in Rebates

May 30, 2024, 05:43 PM

New York has become the first state to launch the Home Energy Rebates Program, an initiative created under the Inflation Reduction Act. The program, announced by President Biden and supported by Secretary of Energy Jennifer Granholm, Governor Kathy Hochul, and Rep. Dan Goldman, provides eligible residents with up to $14,000 in rebates for home appliances and upgrades aimed at reducing energy usage and cutting energy bills. The program has been awarded $158 million and is part of the Biden-Harris Administration's broader efforts to lower costs for Americans and combat climate change. The announcement was made in Long Island City, Queens, and is expected to significantly benefit low-income households.