More states expected to roll out Inflation Reduction Act energy-efficiency rebates this summer

New York was the first state to launch a rebate program for consumers tied to home energy efficiency upgrades.energy-efficiency upgradesThe financial incentives help consumers reduce or fully offset the cost of upgrades to make their homes more energy-efficient, thereby reducing carbon emissions and cutting homeowners' future energy bills, state and federal officials said.

New York's launch in May was just for part of the HEAR program. It will apply for the second at a later date.New York was initially approved for federal funding to low-income, single-family households. They must have an income of 80% or below theirThe HEAR program carries a maximum dollar amount per project.

New York aims to launch the second phase of the HEAR program in the fourth quarter of 2024, Harris said.

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