THE CLEO INSTITUTE APPLAUDS FLORIDA BUDGET AUTHORIZATION OF HOME ENERGY EFFICIENCY REBATE PROGRAM TO HELP REDUCE POWER BILLS

FOR IMMEDIATE RELEASE  

Media Contact
Susan Glickman
Vice-President, Policy & Partnerships
727-742-9003
sglickman@cleoinstitute.org 

MIAMI, FL – Today, Florida Governor Ron DeSantis signed the state’s $116.5 billion budget for 2024-2025. The CLEO Institute is pleased that included in the budget is the authorization of approximately $346 million to assist Floridians in reducing the cost of energy by improving the energy efficiency of their homes through qualified energy efficiency upgrades, retrofits, and high-efficiency appliances. These appliance upgrades will also reduce dangerous climate pollution in the fastest, cleanest, cheapest way.

The funds will go to the Florida Department of Agriculture and Consumer Service (FDCAS) Office of Energy. Florida’s Home Energy Rebate programs consist of two separate and distinct energy efficiency-related programs which the FDACS Office of Energy will administer jointly to maximize the impact and opportunity for the benefit of Floridians. Florida’s Home Energy Rebate programs will run through 2032 or until all funds are used, whichever is earlier.

The Biden-Harris administration’s landmark, the Inflation Reduction Act, continues to provide nearly $400 billion to support clean energy and address climate change, including $8.8 billion for the Home Energy Rebates. These rebates — which include the Home Efficiency Rebates and Home Electrification and Appliance Rebates — will put money directly back in the hands of American households. The rebates can help save on select home improvement projects that can lower energy bills. The U.S. Department of Energy estimates these rebates nationally will save households up to $1 billion annually on energy bills and support over 50,000 U.S. jobs.

The Florida Whole Home Rebates Program (HOMES)  provides single-family and multifamily households with discounts for efficiency upgrades that are predicted to save at least 20% of the home’s energy use. This program will provide rebates for energy efficiency retrofits ranging from $2,000-$4,000 for individual households and $2,000-$4,000 per dwelling in multifamily buildings. Rebate amounts may depend on the amount of energy savings achieved by the retrofits, and maximum rebate amounts may double for retrofits of low- and moderate-income homes.

Florida’s Home Electrification and Appliance Rebates (HEAR) are exclusively for low- and moderate-income households (less than 150% Area Median Income) to purchase high-efficiency equipment. Like the Whole Homes Program, both single-family and multifamily dwellings qualify. This program will include a $14,000 rebate cap per household with additional caps on individual equipment types.

The CLEO Institute’s Executive Director, Yoca Arditi-Rocha said, “Extreme heat and skyrocketing power bills are a dangerous mix. We appreciate Governor DeSantis giving the green light to this rebate program, especially when Floridians are feeling the squeeze from our state’s methane gas addiction. It’s high time we help families cut energy waste and save money. At CLEO, we know that a healthy, energy-efficient home is key to building resilience against a warming climate.”

The budget will take effect on July 1st, 2024. 

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About The CLEO Institute

Founded in 2010, The CLEO Institute is a 501(c)(3) and Florida’s sole women-led nonprofit, non-partisan organization dedicated to climate education, advocacy, and engagement. Our work addresses the urgent challenges posed by devastating hurricanes, increased flooding, and rising temperatures in the state. CLEO focuses on building community resilience through informed, engaged, and prepared public participation. We collaborate with government, business, academic, and community leaders to advocate for long-term, equitable climate solutions. Using a top-down, bottom-up approach, CLEO empowers Floridians to take climate action, fostering resilience in the state most vulnerable to climate impacts. Learn more at www.cleoinstitute.org

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