The Inflation Reduction Act (IRA) has significant funding of almost $70 Million for home electrification and energy efficiency for New Hampshire homeowners.

High Efficiency Electric Home Rebate (HEERA) Rebate Caps

• Heat pump hot water heater: $1,750
• Heat pump for space heating and cooling: $8,000
• Electric stove, cooktop, range, or oven: $540
• Heat pump clothes dryer: $840
• Electric load service center upgrade: $4,000
• Insulation, air sealing, and ventilation: $1,600
• Electrical wiring: $2,500
• Installation: $500 and is commensurate with scale of upgrades installed

The guidance Federal Government has not issued guidance programs and it is not anticipated that these rebates will be available to homeowners until late 2023.

DUE TO A LACK OF FEDERAL PROGRAM GUIDANCE, IT IS IMPOSSIBLE TO DETERMINE IF A SPECIFIC PROJECT WOULD BE ELIGIBLE FOR A REBATE OR IF ALREADY COMPLETED WORK WILL BE ELIGIBLE FOR A REBATE.

For program details and updates as they become available, check out the NHDOE’s web page:

https://www.energy.nh.gov/rules-and-regulatory/inflation-reduction-act-funding-programs