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☆ Making the power grid 'smart' could save us all money and prevent blackouts. Chattanooga made the $280 million investment.
▼ + stars: | 2024-05-02 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +13 min

Chattanooga's utility built a $280 million smart grid, creating $2.7 billion in economic value. The local utility, called EPB of Chattanooga, spent $280 million to refurbish its power system with smart technologies to make a "smart grid." The traditional power grid carries electricity from a power plant to homes and commercial buildings. Smart grids can bring huge economic benefitsEven Congress knows the nation needs a smart grid. Though a smart grid requires a big up-front investment, it can save a lot of money down the line.

Persons: —, That's, Tiago Majuelos, Monika Skolimowska, Kevin Schneider, Schneider, Joshua Rhodes, David Wade, EPB, Wade, Taylor, David Swanson, We're Organizations: Infrastructure, Service, Chattanooga Smart, US Department of Energy, Wall Street, Getty, Pacific Northwest National Laboratory, American Society of Civil Engineers, University of Texas, Department of Energy, C Electric Company, BI, Reuters, Nationwide Locations: Chattanooga , Tennessee, Chattanooga, Tennessee, EPB, California, Austin, Hamilton County, Palm Springs , California, Columbia, Southern California

Shark NeverChange Air Purifier Max The Shark NeverChange Air Purifier Max is a powerful air-cleaning machine for large spaces, and the best part is that you only need to change its filter every five years. Camryn Rabideau/Business InsiderThe Shark NeverChange Air Purifier Max took less than 5 minutes to unbox and get running. Our review of the Shark NeverChange™ Air Purifier MAXAdvertisementEase of UseThe air purifier’s display screen shows the real-time air quality in your home. AdvertisementThe bottom lineFor large spaces, the Shark NeverChange Air Purifier Max is worth the investment. Camryn Rabideau/Business InsiderThe Shark NeverChange Air Purifier Max is a worthwhile option that requires minimal maintenance and covers large rooms.

Persons: Max, Camryn, Philip M, Tierno Jr, Tierno, it's, There's Organizations: Business, Shop, Energy, Stratos, NYU Grossman School of Medicine, NYU Langone Medical, Honeywell

☆ Consumers may soon get access to a share of $8.8 billion in Inflation Reduction Act home energy rebates
▼ + stars: | 2024-04-22 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

The IRA splits $8.8 billion in total rebate funding between two programs: the Home Efficiency Rebates program and the Home Electrification and Appliance Rebates program. The Home Electrification and Appliance Rebates program The Home Electrification and Appliance Rebates program pays consumers a maximum amount of money for buying specific technologies and services, Saul Rinaldi said. Home Efficiency Rebates program Conversely, the Home Efficiency Rebates program is technology-neutral, Saul Rinaldi said. Larger rebates flow to those who cut more energy, Saul Rinaldi said. In this way, the Home Efficiency Rebate's value can technically exceed that of the Home Electrification and Appliance Rebates program, Zelmar said.

Persons: Zelmar, Jan, Biden, Kara Saul Rinaldi, Saul Rinaldi Organizations: Energy Department, AnnDyl, U.S . Department of Housing, Urban Locations: Arizona , California , Colorado , Georgia, Hawaii , Indiana , Minnesota , New Hampshire , New Mexico , Oregon, Washington, Georgia, Oregon , Indiana, New Mexico

☆ Carrier, the century-old inventor of the air conditioner, is moving on to the home heat pump
▼ + stars: | 2024-04-22 | by ( Bob Woods | ) www.cnbc.com time to read: +10 min

Andrew Aitchison | In Pictures | Getty ImagesIn case you haven't noticed, heat pumps are hot. But there are other reasons why heat pumps are fast becoming popular with homeowners. All of this is transforming Carrier Global , the nearly 100-year-old manufacturer whose founder, Willis Carrier, invented air conditioning. Heat pumps have a history dating back to 1850s The thermodynamic science behind heat pumps was developed in the 1850s, when the first ones were invented, and they've been used in homes since the 1960s. Heat pumps use electricity to transfer heat from a cool space to a warm space, making the cool space cooler and the warm space warmer.

Persons: CARR, Andrew Aitchison, Willis Carrier, David Gitlin, Carrier, Hakan Yilmaz, Yilmaz, they've, Michael Kretschmer, Sebastian Kowalski, Kretschmer, Tobie Stanger, Dave Lis, Viessmann, Milena Oliveira, Oliveira, Mark Prodan, Prodan, There's Organizations: Carrier Global, United Technologies, Solutions, East Trade Policy, Getty, International Energy Agency ., U.S . Climate Alliance, Consumer, Energy Efficiency, Carrier, M, Energy Star Locations: Gardens , Florida, Saxony, Leipzig, America, U.S, Maine, Michigan, Indian, Connecticut, New York State

☆ JPMorgan likes these mining stocks to play the upcoming bitcoin halving
▼ + stars: | 2024-04-18 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

While most of the public cryptocurrency miners are positioned to survive the supply shock of the bitcoin halving, JPMorgan has named its top picks. "With the bitcoin halving on the horizon, we expect heightened volatility and trading volume in both bitcoin and mining stocks," Reginald Smith, an analyst at JPMorgan, said in a note this week. The bitcoin halving is estimated to take place in the next couple of days , and mining companies are preparing for reduced rewards revenue that will follow the event. Nevertheless, uncertainty ahead of the halving has pressured mining stocks, most of which are down double digits for the year. The halving occurs when incentives for bitcoin miners shrink to 3.125 newly created bitcoins — or about $20,000 at Thursday morning's prices — from 6.25, as mandated by the code of the bitcoin blockchain.

Persons: Reginald Smith, Smith, Iris, Iris Energy, MARA, CleanSpark, — CNBC's Michael Bloom Organizations: JPMorgan, Iris Energy, Iris

☆ When I stopped drinking, I kept my sobriety a secret for months. Alcohol had always been a big part of my identity.
▼ + stars: | 2024-04-05 | by ( Angela Anagnost-Repke | ) www.businessinsider.com time to read: +5 min

But I felt like drinking was part of my identity and didn't tell anyone I was sober for a while. Finally, a few months into my sobriety, I told my husband, and then slowly told my friends. I didn't tell anyone I was sober for a whileWhen I first stopped drinking, I didn't tell anyone. I sat alone with the secret of my sobriety, which should have felt more like a feather than a bomb. Then, after almost a year of my own sobriety, my husband gave up drinking, too.

Persons: —, I'd, We'd, I'm, I've Organizations: Service

☆ Electrification could overwhelm energy grids. Startups are betting on AI to make sure that doesn't happen
▼ + stars: | 2024-03-25 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +10 min

Today's energy grids are unable to keep up with the intense demand being heaped upon them. Globally, energy projects struggle to overcome permitting hurdles. Making smart grids a realityData was transmitted across a national energy grid for the first time in 2016. Startups selling them are hoping to alleviate pressure from physical grid infrastructure and allow operators to do more with the infrastructure they have. Victoria McIvor, an advisor to energy startups who was formerly an investor at the European climatetech firm World Fund, imagines a future where energy tariffs dictate when energy-intensive appliances run.

Persons: Rajesh Swaminathan, it's, Andrés Dancausa, Dancausa, Swaminathan, Victoria McIvor, Timothy Barat, Barat, Duncan Turner, SOSV, Turner, McIvor Organizations: Infrastructure, Service, International Energy Agency, Paris, Investors, Khosla Ventures, US Department of Energy, Fund, Octopus Energy, Continuum Industries, Software Locations: Europe, Ukraine, Portuguese, Amsterdam, California, London, VCs, Scottish

☆ WindRunner: Gigantic new aircraft design aims to create the largest plane ever to fly
▼ + stars: | 2024-03-19 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +3 min

Larger wind turbines produce more power than standard ones, but the components are too big to be transported by road. Meet the WindRunner airplane, whose mission will be to deliver gigantic 300-foot-long blades directly to wind farms. So WindRunner will have a cargo bay volume of 272,000 cubic feet, enough to hold three Olympic swimming pools. That’s 12 times the volume of a Boeing 747-400 and – at 356 feet in length, it’s 127 feet longer too. Currently, turbine blades today are ordinarily 230 feet or less (70 meters), but Radia wants to deploy blades of up to 104 meters (341 feet).

Persons: CNN —, Radia, Mark Lundstrum, Energy Ernest Moniz, Malcolm Turnbull, It’s Organizations: CNN, Boeing, FAA, Federal Aviation Administration, Bloomberg, XXL, MIT, Radia, Royce, Energy, Beluga XL, Airbus Locations: Colorado, Ukraine

☆ FCC cracks down on cable TV ‘junk fees’
▼ + stars: | 2024-03-14 | by ( Brian Fung | ) edition.cnn.com time to read: +9 min

The new junk fees rule requires cable and satellite TV companies to list “all-in” prices to consumers in their billing and marketing materials — including any miscellaneous fees, such as those related to sports programming or local broadcast channels. Between 24% and 33% of the typical consumer’s bill can be attributed to fees, consumer advocates told the FCC. In a separate move last year, the FCC proposed banning certain cable fees altogether, including early termination fees that the agency says hinder competition and prevent customers from easily switching providers. Mending the digital divideIn addition to cable, the FCC also addressed internet availability during its Thursday meeting. Defining high-speed internetThe report also reflects newly adopted revisions in how the country defines high-speed internet, which the FCC voted to approve on Thursday.

Persons: “, ”, Jessica Rosenworcel, ’ ”, NCTA, Dave Wallace, Amira Karaoud, Biden, Rosenworcel, you’re, Anne Neuberger, Neuberger Organizations: Washington CNN, Federal Communications Commission, FCC, Energy Star, National Institute for Standards, Technology, Logitech, LG, Samsung, Consumer, European Union Locations: Kentucky, Louisville , Kentucky, U.S, greenlight, Las Vegas, America

Energy startup Axle is in talks to raise a round backed by VC fund Accel, BI understands. The year-old company could raise around $6 million in capital as part of the deal, sources say. The energy tech startup uses electric vehicles and home energy assets to help balance grids. Energy software startup Axle Energy is in talks to raise fresh funding in a round backed by venture capital fund Accel, Business Insider understands. The London-based company, founded in 2023, connects electric vehicles and batteries to energy grids to help solve the intermittency of renewables.

Organizations: Energy, Accel, BI, Business Locations: London, Europe

☆ Bill Gates: Here's the 1 question I'd ask a time traveler about the future
▼ + stars: | 2024-02-10 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

If Bill Gates met a time traveler from the year 2100, his first question wouldn't be about his family, or Microsoft's stock price. "In the end, it's all measured through human welfare," Gates said on the most recent episode of his podcast, "Unconfuse Me." Gates asked Ritchie for her "top questions" to ask a time traveler from the future. The answer would reveal quite a bit about poverty rates in the future, and whether "we have made progress on health, agriculture, poverty," Ritchie said. But upon reflection, despite his personal interests in energy and AI, Gates changed his mind and aligned his response more closely with Ritchie's question.

Persons: Bill Gates, he'd, Gates, Hannah Ritchie, Ritchie, Ritchie — Organizations: Microsoft, University of Oxford, World Bank

☆ Startup funding is falling in most major cities. So why is Boston pulling ahead?
▼ + stars: | 2024-02-05 | by ( Melia Russell | Rebecca Torrence | ) www.businessinsider.com time to read: +8 min

AdvertisementThe Bay Area took the lion's share of capital raised on Carta in 2023, followed by Boston, then New York. AdvertisementAccording to Carta data, select metro areas saw the total early-stage funding raised decline by at least a third from 2022 to 2023. Yet early-stage funding was only down 24% in Boston, however, the smallest decrease of the metro areas that Carta tracks. According to Carta data, about $2.6 billion of capital raised in biotech flowed to Boston startups last year. Beyond biotechThe Carta data shows Boston also had strong showings across investment in software-as-a-service and hardware.

Persons: —, Zach Weinberg, Roche, Carta, Founders, that's, Rudina Seseri, Seseri, Peter Walker, Michael Greeley, Greeley, Mark Castleman, Castleman, Clement Cazalot, Cazalot, Walker Organizations: Service, Massachusetts Turnpike, Partners, Business, Carta, Boston, East Coast, Companies, Area, Flare Capital Partners, pharma, Intel Ignite, Glasswing Ventures, Founders, Machinery, Pritzker Group, Armory Square Ventures, Way Ventures, Klaviyo's, New York Stock Exchange Locations: Boston, New York City, East, Boston , Cambridge, Newton , Massachusetts, Newark, Jersey City , New Jersey, New York, San Francisco, Bay, France, Copley

☆ Millions of Americans will soon be able to turn their roofs into a lucrative side hustle
▼ + stars: | 2023-12-07 | by ( Kartik Menon | ) www.businessinsider.com time to read: +11 min

People on the traditional grid could see lower costs, greater grid reliability, and less volatile energy prices. And the rate of residential installation is booming: A record 700,000 homeowners installed arrays in 2022, according to the trade group Solar Energy Industries Association. Henglein and Steets/GettyAnother option for homeowners is peer-to-peer energy trading. Users buy and sell electricity with any counterparty, whether it's a neighbor or the broader electricity market. There are, of course, concerns about the reliability of solar energy.

Persons: Localvolts, Kartik Menon, Goldman Sachs Organizations: Business Insider's, Solar Energy Industries Association, Solar Investment Tax, US Department of Energy, Goldman Locations: Localvolts, editorial.standards@insider.com, California , Texas, Florida, California, Arcadia, Washington, DC, Australia, Texas

☆ How a tax break of up to $3,200 can help heat your home more efficiently this winter
▼ + stars: | 2023-11-30 | by ( Greg Iacurci | ) www.cnbc.com time to read: +2 min

Steve Smith | Tetra Images | Getty ImagesHow the tax break worksWestend61 | Westend61 | Getty ImagesThe Inflation Reduction Act, which President Joe Biden signed into law in August 2022, extended and enhanced a prior tax credit available for home efficiency upgrades. The tax credit is worth 30% of the cost of qualifying projects. The combined tax break for these projects is capped at $1,200 a year. Altogether, taxpayers can get a maximum overall credit of $3,200 a year, if they combine projects worth up to $1,200 and $2,000. The IRS published a fact sheet that gives examples of the overall tax break consumers can expect for specific upgrades.

Persons: Steve Smith, Joe Biden, Kara Saul, Rinaldi, Saul Organizations: Westend61, AnnDyl, Environmental Protection Agency, IRS

An advanced geothermal project has begun pumping carbon-free electricity onto the Nevada grid to power Google data centers there, Google announced Tuesday. Getting electrons onto the grid for the first time is a milestone many new energy companies never reach, said Tim Latimer, CEO and co-founder of Google's geothermal partner in the project, Houston-based Fervo Energy. Political Cartoons View All 1267 ImagesFervo is using this first pilot to launch other projects that will deliver far more carbon-free electricity to the grid. Google and Fervo Energy started working together in 2021 to develop next-generation geothermal power. Google announced back in 2020 that it would use carbon-free energy every hour of every day, wherever it operates, by 2030.

Persons: Tim Latimer, ” Latimer, Michael Terrell, We’re, ”, Terrell, “, ” Terrell, Jennifer Granholm, Granholm, Sarah Jewett, Latimer, DCVC, Rachel Slaybaugh, Fervo, Slaybaugh, it’s, Jewett Organizations: Google, Energy, International Energy Agency, Fervo Energy, U.S . Energy Information Administration, Energy Department, DOE, Massachusetts Institute of Technology, AP Locations: Nevada, Houston, Utah, Winnemucca , Nevada, Las Vegas, Reno, United States, California , Nevada , Utah, Hawaii , Oregon , Idaho, New Mexico, Latimer, Fervo, Beaver County , Utah

☆ Clean-Energy Startups Expected a Gusher of Government Money. They Are Still Waiting.
▼ + stars: | 2023-11-18 | by ( Amrith Ramkumar | Scott Patterson | ) www.wsj.com time to read: 1 min

Battery-recycling startup Li-Cycle is pausing construction on a large facility in Rochester, N.Y., because of surging costs. Photo: Lauren Petracca for The Wall Street JournalA pile of government cash from last year’s climate law was supposed to fuel a wave of clean-energy startups. Instead, many are running out of money before the funding comes through. Higher interest rates and rising costs have hurt the companies in what are often capital-intensive industries. Washington’s grinding bureaucracy has been slow to dole out the cash from the climate-focused Inflation Reduction Act.

Persons: Lauren Petracca Organizations: Wall Locations: Rochester , N.Y

☆ Climate tech is like catnip to investors. Here's why the $13 billion sector is outperforming other industries.
▼ + stars: | 2023-11-02 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +7 min

Europe's startup ecosystem has been battered this year but climate tech founders have managed to avoid the brunt of the immense downturn so far. PwC's global analysis of the sector also points to climate tech outperforming the norm, accounting for a tenth of private market investments in 2023. Venture capital investment into European startups more broadly is primed to slump by around 46% to 58.1 billion euros in 2023. These obligations have helped make climate tech startups "catnip to investors," Sustainable Ventures' Stuart Ferguson said. Last year, European companies like electric vehicle manufacturer Polestar and batter-maker Northvolt raised 1.6 billion euros and 1 billion euros respectively.

Persons: They've, Stuart Ferguson, Fabian Heilemann, Heilemann, Biden's, Warner, Namratha, Mark Bula, Northvolt, Lisa Barclay, Ferguson, Aenu's Organizations: Steel, Venture, Sustainable Ventures, Warner, Ada Ventures, Elyos Energy, Green Steel, Nesta, Investments Locations: Swedish, British, Norwegian, London, Norway

Deb Perelman, the best-selling cookbook author and creator of Smitten Kitchen, tends to focus her social media posts on her work, like pasta or chocolate chip cookie recipes. Of course, many people see immense importance in posting on social media about the war. Social media feeds have focused on major news events many times before. The Israeli-Palestinian conflict is a uniquely thorny and divisive issue to navigate on social media, though, particularly for those not educated about the region or its history, or who are still forming their opinions. People of both faiths have asked her to post about the war on social media, she said, and sending her graphic images.

Persons: Deb Perelman, “, ”, Perelman, ” Ms, —, outpourings, Israel, Phoebe Lind, Maddie Coppola, Israel ”, Coppola, Ms, Andrey Romanov, Nazhath Faheema, Faheema, — they’re, Minaa, ’ ”, Agneez Kang, Kang, ” Yiwen Lu Organizations: Harvard, Artforum, Harper’s, Facebook, LinkedIn Locations: Israel, Gaza, Washington, New York, Singapore, ”

☆ Op-ed: We cannot allow AI to make Big Tech even bigger, argues Steve Case
▼ + stars: | 2023-10-24 | by ( Steve Case | ) www.cnbc.com time to read: +6 min

Policymakers in Washington are now engaged in a wide range of discussions regarding how to prevent AI technology from spinning out of control. Rather than upending the old order, there's a real possibility in this case that disruption will help the big get bigger, with challengers struggling to gain any real traction. In short, AI shouldn't be a vehicle used to ensure that Silicon Valley-based Big Tech can extend its dominance. America has not always remained true to its embrace of bottom-up innovation — and the innovation economy has suffered as a result. This new technology should not be a wedge that further separates the tech world from the rest of America.

Persons: we're, we've, That's worrisome, Ma Bell, Steve Case Organizations: Big Tech, Brookings, America, Carolinas, D.C, Schumer's Locations: Washington, China, Silicon Valley, That's, Silicon, America, Arkansas, Sen

☆ US Treasury: homes must be 'zero energy ready' to get full tax credit
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: +2 min

A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. The "45L" tax credit for energy efficient homes acquired from 2023 through 2032 ranges from $500 to $5,000 per dwelling, with the homes meeting lesser Energy Star efficient appliance standards qualifying for the low end, and those meeting Department of Energy Zero Energy Ready Home requirements qualifying for the maximum. To meet the Zero Energy Ready Home requirements, the dwellings must meet certain requirements for insulation, duct work, appliances and other features that make it "so energy efficient that a renewable energy system could offset most or all the home's annual energy use," according to the Department of Energy. The homes must be certified by third parties to verify that they meet the requirements, the Treasury said. For homes acquired before 2023, the credit amount is $1,000 or $2,000 depending on the standards met.

Persons: Kevin Lamarque, David Lawder, Marguerita Choy Organizations: Department of, U.S . Treasury, REUTERS, Rights, U.S, Treasury, Internal Revenue Services, Energy, of Energy, Zero, Department of Energy, Thomson Locations: Washington , U.S

☆ Climate tech startups Treefera, ReSeed, Vaulted Deep, and Skyqraft raised a combined $18.6 million this month. Check out the pitch decks they used to raise the funds.
▼ + stars: | 2023-09-25 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +6 min

Early-stage climate tech startups Treefera, ReSeed, Vaulted Deep, and Skyqraft have raised a collective $18.6 million in fresh funds this month. It can monitor tree health, carbon sequestration, and the likelihood of a forest fire or drought, which may put the project at risk, in "near-time." Check out the 21-slide redacted pitch deck they used to raise the funds below:ReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedCarbon sequestration company Vaulted Deep raised $8 millionVaulted Deep, a Texas-based carbon removal and sequestration company, raised an $8 million seed round from Chris Sacca's Lowercarbon Capital. Vaulted Deep already has two injection sites, where waste is injected deep into the Earth. Check out the 11-slide pitch deck below:Vaulted DeepVaulted DeepVaulted DeepVaulted DeepVaulted DeepVaulted DeepVaulted DeepVaulted DeepVaulted DeepVaulted DeepVaulted DeepSkyqraft raised $3.8 million to monitor energy infrastructureSkyqraft, a Stockholm-based startup hoping to improve the resilience of energy infrastructure, also secured $3.8 million earlier this month.

Persons: Morgan, Jonathan Horn, Caroline Grey, Greg Lavender, ReSeed, Baratunde Thurston, Chris Sacca's, Advantek, Louise Gauffin, Gauffin Organizations: Global, Concept Ventures, Twin Path Ventures, Ventures, Thorn Partners, Earthshot Ventures, E.ON, Subvenio, Neptunia Invest Locations: London, New York, The Pennsylvania, Texas, Stockholm

☆ Ukraine’s Push Into Green Energy Starts With 5,600 Tons of Cow Dung
▼ + stars: | 2023-09-12 | by ( Alistair Macdonald | Photographs Joseph Sywenkyj For The Wall Street Journal | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Amrith Ramkumar — Climate Finance Reporter at The Wall Street Journal
▼ + stars: | 2023-09-10 | by ( Amrith Ramkumar | ) www.wsj.com time to read: +1 min

Amrith RamkumarAmrith Ramkumar is The Wall Street Journal’s climate finance reporter. He also writes about environmental, social and governance—or ESG—investing. Amrith previously was a Journal markets reporter who wrote about special-purpose acquisition companies, or SPACs, when SPAC mergers were a popular alternative to traditional initial public offerings for many clean-energy startups and other companies. He also previously wrote about stocks and commodities, including battery metals such as lithium and cobalt. Amrith joined the Journal as a markets intern after graduating from Duke in 2017.

Persons: Amrith Organizations: Journal, Duke Locations: Washington ,, Wall

☆ US scientists trying to harness the power of the sun have made a 2nd major breakthrough for the future of sustainable, green energy
▼ + stars: | 2023-08-08 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +7 min

Why nuclear fusion is so important for global energy needsWe see the colossal power of nuclear fusion in action every day — the sun. Meaning that unlike fossil fuels, nuclear fusion doesn't contribute to greenhouse gases in the atmosphere that are driving climate change. It was a major breakthrough and the first time a fusion experiment had ever generated an energy surplus. Why nuclear fusion beats nuclear fissionCurrent nuclear power plants use fission to make energy. While fission creates a chain reaction, nuclear fusion reactors of the future would not, avoiding the risk of a meltdown.

Persons: Energy Jennifer Granholm, Lawrence, Jason Laurea, Paul Rhien, J, Robert Oppenheimer, Arjun Makhijani, Daniel Jassby, Jassby Organizations: Service, International Energy Agency, Department of Energy, Energy, Ignition, Lawrence Livermore National Laboratory, Financial Times, Manhattan, International Atomic Energy Agency, Scientists, Institute for Energy, Environmental Research, Princeton Plasma Physics Locations: Wall, Silicon, Lawrence Livermore, That's

☆ Consumers may soon get up to $14,000 or more in rebates for making energy-efficient home upgrades — if states sign on
▼ + stars: | 2023-08-04 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Emilija Manevska | Moment | Getty ImagesConsumers may soon be able to access $14,000 or more of federal rebates for making energy-efficient upgrades to their home. The IRA devotes a total of $8.8 billion for two initiatives: the Home Efficiency Rebates program (which offers up to $8,000) and the Home Electrification and Appliance Rebates program (up to $14,000). However, consumers may be able to pair rebates with certain clean energy tax credits, which are currently available. How the Home Efficiency Rebates program worksIn dollar terms, larger rebates are generally available to the lowest earners. How the Home Electrification and Appliance Rebates program works

Persons: Emilija, Joe Biden, Kara Saul Rinaldi, We've, Jennifer Amann, Amann Organizations: Getty, Energy, AnnDyl, Home Energy, American Council for, Weatherization, U.S . Department of Housing, Urban Locations: Florida

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