summary
Introduced
04/03/2019
04/03/2019
In Committee
04/04/2019
04/04/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
Provides incentives for homeowners to invest in energy efficiency improvements. Specifically, the Department of Energy (DOE) must establish the Home Energy Savings Retrofit Rebate Program. Under the program, DOE must provide rebates to reward homeowners for achieving home energy savings. Rebates may not exceed $10,000 per individual, or 50% of the qualified home energy efficiency expenditures paid or incurred by the homeowner. DOE must develop a network of rebate aggregators or a national rebate aggregator that can facilitate the delivery of rebates to reimburse participating homeowners or contractors. In addition, DOE must develop guidelines for allowing utilities participating as rebate aggregators to count the energy savings from their participation toward state and local level energy saving targets. provides for the tax treatment of rebates, including an exclusion of such rebates from the taxable income of the homeowner. DOE must also make grants to states, Native American tribes, and Alaska Natives for carrying the programs established by this bill, including the development of quality assurance programs to oversee the delivery of home efficiency retrofit programs. Finally, DOE must establish a Residential Energy Efficiency Pay for Performance pilot program to encourage the use of measured energy savings, and financial payments for those energy savings, in the operation of residential energy efficiency programs.
AI Summary
This bill, the Home Owner Managing Energy Savings Act of 2019 or the HOMES Act, provides incentives for homeowners to invest in energy efficiency improvements. Specifically, the Department of Energy (DOE) must establish the Home Energy Savings Retrofit Rebate Program, which provides rebates to homeowners who achieve home energy savings. Rebates may not exceed $10,000 per individual or 50% of the qualified home energy efficiency expenditures. The DOE must also develop a network of rebate aggregators to facilitate the delivery of rebates, allow utilities to count the energy savings from their participation toward state and local energy saving targets, and make grants to states and tribes for carrying out the programs established by the bill, including developing quality assurance programs. Finally, the bill establishes a Residential Energy Efficiency Pay for Performance pilot program to encourage the use of measured energy savings and financial payments for those savings in the operation of residential energy efficiency programs.
Committee Categories
Agriculture and Natural Resources, Business and Industry
Sponsors (2)
Last Action
Subcommittee Hearings Held. (on 04/10/2019)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.congress.gov/bill/116th-congress/house-bill/2043/all-info |
BillText | https://www.congress.gov/116/bills/hr2043/BILLS-116hr2043ih.pdf |
Bill | https://www.congress.gov/116/bills/hr2043/BILLS-116hr2043ih.pdf.pdf |
Loading...