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Opinions expressed by Forbes Contributors are their own.A diverse group of twelve Red and Blue states are tapping into their share of nearly $9 billion in federal. New incentive programs will help pay for energy upgrades for low- to moderate-income households, multifamily housing, and those living in historically underinvested communities – cutting energy costs and toxic indoor air pollution.
Rebate recipients will get relief from inflated energy prices and spiking energy bills, and local economies will get stronger as the building sector trades hire new workers to complete energy retrofits. And with $200 millionvia Home Energy Efficiency Contractor Training Grants, states can simultaneously expand their workforce to meet growing demand for efficient, electrified home energy technologies..
Some of the states that submitted applications or are working to develop their applications are facing real challenges of program development and implementation, such as limited staffing or requirements for gubernatorial, legislative, or commission approval before proceeding. For example, theconsidered their rebate applications as part of a recent hearing—the Commission’s approval is a first step for the state to move forward with their application.
outlines seven important design principles to enhance the success of these rebate programs, such as utilizing data to inform program design strategies, providing hands-on support to consumers and contractors, and striving for durable market momentum.The time is now for states and tribal governments help people save energy and money
Inflation Reduction Act Federal Funding Energy Energy Improvement Electrification Heat Pump Energy Efficiency
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