NY Gets $158 Million From DOE To Help People Afford Energy Efficiency Upgrades
The federal government is giving New York $158 million to help families afford energy efficiency upgrades for their homes, according to a Thursday press release from the U.S. Department of Energy.
According to the NCPR, the funding comes from the Biden administration’s Inflation Reduction Act, through the Home Electrification and Appliance Rebates Program.
The state will use its award to offer home energy rebates to consumers. The rebate program will launch in late spring or summer, and will open up to low-income households first. Homeowners will qualify if they make 80% or less of their area’s median income. In St. Lawrence County, four-person households with annual incomes at or below $66,800 will be eligible.
At least half of the rebates will go to low-income families. Then, they’ll expand to other households. Some will be able to save up to $14,000 on upgrades like efficient heat pumps, water heaters and electric stoves.
Those upgrades, in turn, will lower people’s energy bills and reduce the state’s greenhouse gas emissions.