Federal support promoting home electrification and energy efficiency anticipated to spur demand for all-climate heat pumps
SUWANEE, Ga. – August 1, 2023 –
The U.S. Department of Energy (DOE) is now accepting applications for state and territory implementation of the two Home Energy Rebate programs created by the IRA. The DOE has also issued guidance for these governments for the Home Efficiency Rebates and the Home Electrification and Appliance Rebates.
“The High-Efficiency Electric Home Rebate Act (HEEHRA), and the Home Owner Managing Energy Savings (HOMES) Act, represent an opportunity to impact communities across the country by increasing adoption of all-climate heat pumps,” said Mark Kuntz, chief executive officer, Mitsubishi Electric Trane HVAC US. “With the recently released guidance from the DOE, we eagerly await the states’ launch of their rebate programs.”
METUS has already seen increased consumer interest and installation of variable-capacity, all-climate heat pumps through the IRA’s energy efficient home improvement 25C tax credit, available to homeowners since earlier this year.