Bill > HR9894

This bill, the Cool Roof Rebate Act of 2024, directs the Secretary of Energy to establish a program that provides rebates to eligible households for the purchase and installation of eligible cool roof products. The rebate amount varies depending on the product's solar reflectance and thermal emittance, with higher rebates for products that meet more stringent performance criteria. The program is authorized to receive $25 million in funding annually from 2025 to 2029 and is designed to assist low-income households in zip codes with high heat and health risks. The bill also requires the Secretary to submit a report to Congress on the program's participants and the types of cool roof products they installed.