Tennessee Preparing for Home Energy Rebates

Arizona has launched a home energy rebate program under the Inflation Reduction Act, becoming the third state to do so, with funds aimed at benefitting low- and moderate-income households. Critics argue that delays in the Department of Energy's (DOE) rollout could jeopardize billions in funding if political changes occur. Tennessee is expected to start its rebate program in mid-2025, pending DOE approval, with an earmarked $167 million for energy efficiency upgrades. New York and Wisconsin were the first states to initiate these rebates, which are projected to reach 1% to 2% of U.S. households. In Colorado, residents can take advantage of tax credits and local incentives to lower solar energy system costs, while various financing options are also available. The initiative represents a significant effort to promote energy efficiency and sustainability across multiple states.