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NY1: N.Y. becomes first state to launch federally backed energy efficiency rebate program

May 30, 2024
The Inflation Reduction Act-funded Home Energy Rebate program will help low-to-moderate income New Yorkers make important energy efficiency upgrades.

“New York on Thursday became the first state in the country to launch a federally backed rebate program aimed at making homes more energy efficient.

 

Under the program, low-to-moderate income households will be able to access up to $14,000 for home upgrades, like installing air sealing, insulation and heat pumps. The Biden administration estimates that such upgrades could end up saving households hundreds of dollars each month on their utility bills.

 

New York has been allocated $158 million for the initiative. The funding is part of Democrats’ signature climate law, the Inflation Reduction Act, which President Joe Biden signed in 2022.”

About the Alliance

Launched on June 1, 2017 by the governors of Washington, New York, and California to help fill the void left by the previous administration’s decision to withdraw the U.S. from the Paris Agreement, the Alliance has grown to include 24 governors from across the U.S. representing approximately 60% of the U.S. economy and 55% of the U.S. population. Governors in the Alliance have pledged to collectively reduce greenhouse gas emissions by at least 26-28% below 2005 levels by 2025, at least 50-52% below 2005 levels by 2030, and collectively achieve overall net-zero greenhouse gas emissions as soon as practicable, and no later than 2050.

 

The Alliance’s states and territories continue to demonstrate that climate action goes hand-in-hand with economic growth, job creation, and better public health. While reducing emissions by 18% between 2005 and 2021, Alliance members grew their collective GDP by nearly 30%. The coalition’s states and territories are employing more workers in the clean energy sector, achieving lower levels of dangerous air pollutants, and preparing more effectively for climate impacts and executing more pre-disaster planning than the rest of the country.

 

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