RESIDENTIAL / RETROFIT
HOMES Rebate
When will this rebate be available?
DOE will issue guidance in the coming months to concerning state-based implementation of HOMES rebates. States should begin offering HOMES rebates in 2024
How does this rebate work?
- $4.3 billion to fund DOE-approved state rebate program for performance-based whole home efficiency upgrades
- For homes achieving 20-35% modeled energy savings – rebate of the lesser of $2,000 or 50% project cost
- For homes achieving at least 35% modeled energy savings rebate of the lesser of $4,000 or 50% project cost
- For homes achieving at least 15% measured energy savings – rebate payment rate per kWh saved, equal to $2,000, or 50% project cost
- Multifamily rebates are capped at $200,000 per multifamily building for units that model energy savings of 20-35%; $400,000 for buildings that model savings of more than 35%
- States may increase rebate amounts for low-income housing
- Rebates under this program may not be combined with other federal grants or rebates, but can be combined with the 25C homeowner tax credit
How long will this rebate last?
The rebate will last until funds are expended
How long will this rebate last?
The rebate will last until funds are expended
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INSULATION INCENTIVES
NAIMA is the association for North American manufacturers of fiber glass, rock wool, and slag wool insulation products. Its role is to promote energy efficiency and environmental preservation through the use of fiber glass, rock wool, and slag wool insulation, and to encourage the safe production and use of these materials. Through the Insulation Institute™, we leverage the collective insulation expertise of our organization and our members to empower homeowners and professionals to make informed insulation choices. Our mission is to enable a more comfortable, energy-efficient and sustainable future through insulation — and we are constantly working with building professionals, homeowners, government agencies, and public interest, energy and environmental groups to realize that vision.
Discover more insulation knowledge at InsulationInstitute.org
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