New York to Get First US Rebates for Energy-Efficient Appliances

New Yorkers this summer are set to receive the first federal Inflation Reduction Act rebates for heat pumps and other climate-friendly appliances, the US Department of Energy announced on Thursday.

Nearly two years after President Joe Biden signed the IRA into law, New York is the first state to obtain federal approval for its program to distribute generous rebates for home electrification. The DOE awarded New York $158 million for rebates for high-efficiency heat pumps, heat pump water heaters, heat pump clothes dryers, induction stoves and electrical upgrades. Low and moderate-income households with earnings under 150% of their area’s ...