How we can leverage federal investments for long term market transformation
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The $8.8 billion of federal funding for home energy efficiency and electrification upgrades in the Inflation Reduction Act’s (IRA) Home Energy Rebate programs is an unprecedented federal investment in the nation’s existing housing stock.
Utility co-funding and collaboration will play a critical part in advancing the market transformation outcomes of the Home Energy Rebates throughout their implementation and in the longer term once the $8.8 billion in federal rebates are spent.
Our three-part series of briefs on Residential Retrofit Programs to Complement Federal Rebate Programs addresses coordination of state implementation of federal residential retrofit incentives with utility and other energy efficiency program efforts. This third brief in the series focuses on utility-state collaboration to leverage long-term market transformation. Previous briefs in the series explore program design and delivery (available here) and navigating regulatory mandates for utility program investments (available here).
The briefs are targeted toward energy efficiency program administrators, implementers, and evaluators, state energy offices, regulators, and others working to maximize the impact of expanded federal funding for residential retrofits for near-term energy savings and carbon reductions as well as long-term market transformation.
The commonwealth spends almost $11 billion a year buying energy from out of state. Mass Save lowers bills and keeps money at home.
Utility energy efficiency programs have increased investment in low-income households, but significant gaps remain. This report examines spending and savings trends across 48 major U.S. utilities, identifies barriers to expanding low-income programs and highlights policies and program strategies that can improve energy affordability and equitable access to efficiency upgrades.
The United States faces interlocking energy challenges: rising home energy bills and gasoline prices; new demand for electricity from data centers and other loads; high greenhouse gas emissions from burning fossil fuels.
Now, a new era of energy efficiency progress in our buildings, transportation, and industry is needed to meet this moment. This wide-ranging study finds a massive opportunity.
The BUILD America 250 Act, advanced by the U.S. House Transportation and Infrastructure Committee, would eliminate or weaken many programs that help lower transportation …
ACEEE’s independent research and advocacy depend on the support of foundations, businesses, and individuals committed to cutting energy bills, waste, and climate pollution.