Homeowner Energy Freedom Act

Homeowner Energy Freedom Act

This bill repeals provisions of the Deficit Reduction Act of 2022 relating to (1) the high-efficiency electric home rebate program, (2) state-based home energy efficiency contractor training grants, and (3) assistance for latest and zero building energy code adoption. It also rescinds any unobligated balances available for such programs.

Bill 118 hr 1603, also known as the Homeowner Energy Freedom Act, is a piece of legislation currently being considered by the US Congress. The bill aims to promote energy independence and affordability for homeowners by allowing them to generate and store their own renewable energy without being subject to excessive regulations or fees.

Under the provisions of the bill, homeowners would have the right to install and use renewable energy systems, such as solar panels or wind turbines, on their property without facing restrictions from local governments or homeowner associations. Additionally, homeowners would be able to store excess energy generated by these systems in batteries for later use, further reducing their reliance on traditional energy sources.

The Homeowner Energy Freedom Act also seeks to incentivize the adoption of renewable energy technologies by providing tax credits and other financial incentives to homeowners who invest in these systems. This would not only benefit individual homeowners by reducing their energy bills, but also contribute to the overall goal of reducing greenhouse gas emissions and combating climate change. Overall, the bill aims to empower homeowners to take control of their energy usage and reduce their dependence on traditional energy sources. By promoting the use of renewable energy technologies, the Homeowner Energy Freedom Act has the potential to benefit both individual homeowners and the environment as a whole.