New York Leads with Innovative Inflation Reduction Act Energy Rebates

Article Summary –

Governor Kathy Hochul, alongside U.S. Secretary of Energy Jennifer M. Granholm, has announced a $39.6 million federal rebate program for low-income New Yorkers to make energy efficiency upgrades. The Home Electrification and Appliance Rebates (HEAR) Program, part of the Biden administration’s Investing in America agenda, aims to reduce household energy costs and save the nation collectively $8.8 billion. The initiative is in line with the state’s Climate Leadership and Community Protection Act’s goals to reduce greenhouse gas emissions by 85% by 2050.


Governor Hochul Unveils Home Energy Rebates for Low-Income New Yorkers

Governor Hochul announcing energy rebates

U.S. state of New York will be the first to benefit from the federal Home Electrification and Appliance Rebates (HEAR) Program. The initiative was announced by Gov. Kathy Hochul and U.S. Secretary of Energy Jennifer M. Granholm.

The HEAR Program aims to provide energy efficiency upgrades to low-income New Yorkers. The upgrades, including heat pumps, upgraded electrical panels, and insulation, will be available at reduced costs. The initiative forms part of the Investing in America agenda and the Inflation Reduction Act.

State Governor Hochul revealed that $39.6 million is now available for low-income New Yorkers through the rebate program. The funds aim to reduce energy costs, transition away from fossil fuels, and support the state’s goals under the Climate Leadership and Community Protection Act.

New York Governor Kathy Hochul

The program is expected to save American families $8.8 billion and help achieve an 85% reduction in greenhouse gas emissions by 2050. The Governor expressed her enthusiasm for the initiative and the partnership with the Biden Administration and the U.S. Department of Energy.

Secretary Granholm further underscored the initiative’s significance. She pointed out the program’s potential to lower costs, create jobs, and foster healthier homes. Granholm emphasised the initiative’s importance in reducing living costs and promoting energy efficiency.

U.S. Secretary of Energy Jennifer M. Granholm

U.S. Senator Charles Schumer lauded the initiative as the “secret sauce” of the Inflation Reduction Act. Schumer praised the HEAR program for its potential to save on energy costs and reduce greenhouse gas emissions.

Eligible New Yorkers can apply for the program. More details on the application process and requirements can be found on the NYSERDA website.


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