ALBANY – Governor Kathy Hochul has announced the approval of New York’s partial-scope application for the United States Department of Energy’s Home Electrification and Appliance Rebates Program formula g
rant funding.
The announcement supports the State’s nation-leading Climate Leadership and Community Protection Act goal to reduce greenhouse gas emissions by 85 percent by 2050 and advances Governor Hochul’s goal to achieve two million climate-friendly homes by 2030.
“New York is setting the pace in the transition to modern, affordable, and efficient homes. With this Inflation Reduction Act funding, we continue the transition to an affordable clean energy future that benefits all New Yorkers,” Governor Hochul said. “We thank President Biden, Secretary Granholm and the New York Congressional Delegation for their support and are proud to partner with the Department of Energy to lead on this historic opportunity and build a healthier future for all New Yorkers.”
The application submitted by the New York State Energy Research and Development Authority (NYSERDA) to United States Department of Energy (DOE) requested $39.6 million in initial funding, which will allow NYSERDA’s low-income EmPower+ program to provide additional energy efficiency and beneficial electrification improvements, expanding its current reach. New York State is eligible to receive a total of $317.7 million through the DOE’s IRA Home Energy Rebate programs: $159.3 million for the Home Efficiency Rebates and $158.4 million for HEAR
program.
Eligible owners of one to four-family homes will be able to receive significant discounts, up to 100 percent of total project cost, for insulation and air sealing, heat pumps for space and water heating, and any necessary electrical upgrades to support those improvements. This application represents the first step in receiving Inflation Reduction Act (IRA) funding for the full portfolio of IRA Home Energy Rebate programs. NYSERDA is planning to launch expanded IRA Home Energy Rebate program offers later this year after the full scope application has been submitted and approved by DOE.
