Homeowner Energy Freedom Act
12/15/2023, 3:55 PMSummary of Bill HR 1603
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.
Congressional Summary of HR 1603
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.
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Current Status of Bill HR 1603
Bill HR 1603 is currently in the status of Bill Introduced since March 14, 2023. Bill HR 1603 was introduced during Congress 118 and was introduced to the House on March 14, 2023. Bill HR 1603's most recent activity was Placed on the Union Calendar, Calendar No. 19. as of March 28, 2023Bipartisan Support of Bill HR 1603
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 1603
Primary Policy Focus
TaxationPotential Impact Areas
AppropriationsBuilding constructionEnergy efficiency and conservationIncome tax creditsLighting, heating, coolingResidential rehabilitation and home repairState and local financeAlternate Title(s) of Bill HR 1603
Homeowner Energy Freedom ActHomeowner Energy Freedom ActHomeowner Energy Freedom ActTo repeal provisions of Public Law 117-169 relating to taxpayer subsidies for home electrification, and for other purposes.Comments
Most relevant
Sponsors and Cosponsors of HR 1603
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