Washington, D.C. – Today, New York became the first state to offer home energy rebates to households that upgrade their inefficient appliances with energy-efficient electric appliances. It’s part of the $4.5 billion in funding from the U.S. Department of Energy’s Home Electrification and Appliance Rebates program, funded by the Inflation Reduction Act. These rebates cover both purchase and installation costs for heat pumps, water heaters, electric stoves, and other home appliances. Overall, the program will save Americans more than $1 billion in energy costs and create more than 50,000 new jobs. In response, Trevor Higgins, senior vice president of the Energy and Environment department at the Center for American Progress, issued the following statement:
New York is leading the way in making sure families can afford to replace their old, unhealthy appliances as we move to a clean energy economy. This will not only reduce carbon emissions, it will help households save money and get pollution out of their homes. Every state should follow New York’s lead and take advantage of the Biden administration’s home electrification rebates.
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