When we electrify our homes and buildings by using energy efficient electric heating technologies, such as air source heat pumps, we make our homes and buildings emission free!
High-Efficiency Electric Home Rebate Program:
The Inflation Reduction Act created the High-Efficiency Electric Home Rebate program that will be administered by State Energy Offices, though participation by states is optional and each state must apply for funding. Rebates are based on income level and energy savings. We anticipate that grants will be available sometime in 2023, unless the state of Utah chooses not to participate.
- Rebates apply to households earning 150% or less of an area’s median income (AMI). See https://www.huduser.gov/portal/datasets/il/il2022/select_Geography.odn to find AMI for your region. For example, a family of four in Salt Lake County has a Median Family Income for 2022 of $102,400, so 80% – 150% AMI is approximately $80,000-$150,000 income limit, and less than 80% AMI is less than an approximate $80,000 income limit.
- Households with income below 80% of AMI, can claim a rebate up to the full cost of their upgrades. The dollar cap on this rebate is subject to the maximum rebate amounts below and up to a household cap of $14,000.
- Households with income between 80% and 150% AMI, can claim a rebate up to half the cost of their upgrades. The dollar cap on this rebate is subject to the maximum rebate amounts below and up to a household cap of $14,000.
Eligible electric upgrades and expected rebate amounts:
- Heat pump water heater: up to $1,750
- Heat pump for space heating and cooling: up to $8,000
- Electric stove or electric heat pump clothes dryer: up to $840 each
- Electric load service center upgrade: up to $4,000
- Insulation, air sealing and ventilation: up to $1,600
- Electric wiring: up to $2,500
Next Steps
We are awaiting guidance from the Federal Government on what the rebate programs must include, and we will then work with the Utah Office of Energy Development to create an exemplary program.
Disclaimer: These explanations are our best, current understanding and may change when these rebate programs are enacted.