arrow_back Back to App

Rebates for Energy-Efficient Appliances: Supporting US Homes and Manufacturing

This act establishes a rebate program for manufacturers and distributors of energy-efficient appliances like heat pumps and electric stoves. The goal is to lower product costs for citizens, reduce reliance on oil imports, and boost domestic manufacturing and job creation. The program aims to help save money on energy bills and improve air quality.
Key points
Financial rebate program for manufacturers and distributors of energy-efficient appliances, including heat pumps, water heaters, and electric stoves.
Aims to lower product prices for consumers by passing through rebates as reduced purchase costs.
Supports US-made products, requiring at least 55% of components to be sourced from the United States.
A portion of funds is allocated to support businesses owned by minorities and women, and those employing disadvantaged individuals.
A portion of funds is allocated to support businesses with collective bargaining agreements with labor unions.
Rebates received will not be considered taxable income for recipients.
Authorizes $10 billion in funding for fiscal years 2023 through 2030.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_4144
Sponsor: Sen. Markey, Edward J. [D-MA]
Process start date: 2022-05-04