The $8.8 billion of federal funding for home energy efficiency and electrification upgrades in the Inflation Reduction Act’s (IRA) Home Energy Rebate programs is an unprecedented federal investment in the nation’s existing housing stock.
Utility co-funding and collaboration will play a critical part in advancing the market transformation outcomes of the Home Energy Rebates throughout their implementation and in the longer term once the $8.8 billion in federal rebates are spent.
Our three-part series of briefs on Residential Retrofit Programs to Complement Federal Rebate Programs addresses coordination of state implementation of federal residential retrofit incentives with utility and other energy efficiency program efforts. This third brief in the series focuses on utility-state collaboration to leverage long-term market transformation. Previous briefs in the series explore program design and delivery (available here) and navigating regulatory mandates for utility program investments (available here).
The briefs are targeted toward energy efficiency program administrators, implementers, and evaluators, state energy offices, regulators, and others working to maximize the impact of expanded federal funding for residential retrofits for near-term energy savings and carbon reductions as well as long-term market transformation.
