The Inflation Reduction Act has allocated $8.8 billion to make homes more energy-efficient. Eligible homeowners can receive up to $14,000 to cover upgrades like electric heat pumps, insulation, or appliances. Low- and moderate-income households will qualify for more funding. The program aims to save households over $1 billion annually in energy costs. While the first state application has been approved, it's expected that many consumers will be able to access rebates within months.
