Pallone Announces New Jersey Will Receive Over $183 Million To Lower Home Energy Costs and Improve Energy Efficiency

Washington, DC – Congressman Frank Pallone, Jr. (NJ-06) today applauded the $183,147,420 New Jersey will receive to help families improve home energy efficiency. The funding comes from provisions in the Inflation Reduction Act that Pallone included as Chairman of the Energy and Commerce Committee.

The funding can be used for installation of energy efficient equipment, including electric appliances and heat pumps that will lower energy costs for American families. According to the Department of Energy, more information about how consumers can apply for rebates is expected to be available in the spring, and rebates will be available to the public later in the year.

"This announcement is a win-win for consumers as we work to lower costs for families and transition to clean energy. This funding will help families across New Jersey upgrade appliances in their homes that will not only save them money on their energy bills, but also reduce our dependence on fossil fuels," Pallone said. "I'm glad to see federal dollars help families in New Jersey lower costs."

More information is available here.