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Will at least 5 other states launch similar Home Energy Rebates Programs by the end of 2024?
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New York•Home Energy Rebates Program•Inflation Reduction Act•Biden•Jennifer Granholm•Kathy Hochul•Dan Goldman•Americans•Long Island City•Queens
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from other states or federal agencies
Story
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.
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Similar markets
0-2 states • 33%
3-5 states • 33%
More than 5 states • 34%
California • 25%
Texas • 25%
New York • 25%
Florida • 25%
Yes • 50%
No • 50%
Additional states join lawsuit • 25%
States support EPA rules • 25%
No significant action from other states • 25%
States introduce similar state-level regulations • 25%
