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The new law creates a federal tax credit for 30% of the total cost of your heat pump, up to $2,000, and the new law will hand out funding to states for a rebate program. Households making less ...
Additionally, grantees are encouraged to integrate and coordinate with other energy assistance programs to provide non-federal energy assistance to low-income households who meet LIHEAP eligibility criteria. Participation in this program is optional, but if non-federal dollars are reported, the grantee can receive additional LIHEAP funds.
Furnaces (oil and gas) Heat pumps (air source and geothermal) Refrigerators; Room air conditioners; Water heaters. [2] Two early states to implement the program were Illinois, which received $12.4 million, and Iowa, which received $2.8 million. [3] The program was officially closed in all US states and territories on Friday, February 17, 2012. [4]
In the United States, federal assistance, also known as federal aid, federal benefits, or federal funds, is defined as any federal program, project, service, or activity provided by the federal government that directly assists domestic governments, organizations, or individuals in the areas of education, health, public safety, public welfare, and public works, among others.
The amount of the rebate is income-based, with homeowners earning up to $150,000 qualifying for $1,500 and those earning $150,000 to $250,000 receiving $1,000. Renters are also entitled to $450 ...
The disaster declaration, announced on Feb. 8, makes federal aid available for people in Eaton, Ingham, Iona, Kent, Livingston, Macomb, Monroe, Oakland, and Wayne counties who were affected by ...
The guidance entails the DOE distributing $4.3 billion to states to work with the DOE to create rebate programs for whole-home upgrades and $4.28 billion to states for appliance replacement rebates, with the suggestion that half the money go to households below 80 percent of area median income. [208] [209]
Nearly 20 states approved stimulus payments in one form or another in 2022, and residents in a dozen of them are still waiting for their money. If you live in one of the following 12 states and you...