Inflation Reduction Act Opportunities

The Inflation Reduction Act (IRA) was signed by President Biden in August 2022 and includes energy and infrastructure provisions to boost energy security and lower energy costs for families, businesses and public institutions. DOE has begun to announce the types of funding that will be available but has not yet released guidance or funds to state energy offices.

Updates

  • Home Energy Performance-Based Whole-House Rebates (HOMES) Program (Section 50121) - Nevada allocation of $48,200,980 in formula funds has been announced, but funding applications have not yet opened. The first grant opportunity is expected to open in Spring 2023 and will allow GOE to apply for a portion of funds for a limited set of eligible program activities. The second grant opportunity is expected to open in Summer 2023 and will detail the full DOE rebate program requirements and allow GOE to apply for additional formula rebate allocations.
  • High-Efficiency Electric Home Rebate Program (HEEHR) (Section 50122) – Nevada’s allocation of $47,920,160 in formula funds has been announced, but funding applications have not yet opened.

Under these two funding opportunities (above), Nevada will be able to implement energy-saving retrofits and high-efficiency electric retrofits through direct rebates to residents or owners.

  • Home Energy Efficiency Contractor Training (Section 50123) – Formula funds under this opportunity can be used for training, education, and certification costs for contractors tasked with implementing the HOMES program and the HEEHR program. State allocations, funding announcements and guidance has not yet been released by DOE.
  • Building Energy Codes Program (BEC) (Section 50131) – Provides $1 billion total competitive funds to DOE to support building energy codes. DOE has not yet released guidance on this program. Note – this is in addition to the $225 million allocated under IIJA.

DOE provides funding through either formula funds or competitive funds. Formula funds are automatically allocated, but states, local governments and tribes must still submit an application to receive their allocations. Competitive funds also require an application to be submitted to DOE for eligibility to receive awards, and DOE is requiring partnerships on many competitive funding opportunities where the state is the main applicant. Partnership opportunities will be announced on the Public Notices page.

DOE website and guidance on current and future funding opportunities and programs

Updated 1/17/2023. Please check back for updates.