| Program | Colorado - Home Electrification and Appliance Rebate (HEAR) Program |
|---|---|
| Category | Financial Incentive |
| Implementing sector | State |
| Last Update | |
| State | Colorado |
| Website | https://energyoffice.colorado.gov/federal-tax-credits-incentives-homes |
| Budget | $53.6 million |
| Sectors | Residential |
Note: The Federal Inflation Reduction Act (IRA) created the Home Electrification and Appliance Rebate (HEAR) Program. The IRA established the main parameters for this program, but allowed the states to customize the program to meet their state-specific needs. The program is designed to award rebates for purchase of qualifying home electrification equipment and appliances. Residents earning less than 80% of the Area Median Income (AMI) can receive the full rebate amount, and residents earning between 80% and 150% AMI can receive a partial rebate. See summary below and program website for complete details.
The Colorado Energy Office (CEO) will receive a total of $140 million in federal funding for two rebate programs for income-qualified Colorado homeowners and renters to improve home energy efficiency and upgrade to electric appliances. These upgrades will reduce greenhouse gas emissions, improve indoor and outdoor air quality, and lower home energy costs. CEO will roll out a limited initial phase of Home Electrification and Appliance Rebates (HEAR) through the Weatherization Assistance Program (WAP) to provide home energy upgrades to low-income Coloradans receiving WAP services. Direct-to-consumer rebates will be available to eligible Coloradans who are not receiving WAP services starting sometime next year. The CEO will provide more information on these rebates as soon as it is available.
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