Policy News

NEEP is delighted to debut our new policy framework for building decarbonization, titled Decarbonizing Buildings: How States Can Set the Table for Success, and developed in partnership with

In May, the New York Public Service Commission (PSC) authorized portfolios for the program administrators’ Energy Efficiency and Building Electrification (EE/BE) Plans for 2026-2030.

The Inflation Reduction Act (IRA) allocates over $8 billion to energy efficiency and electrification through Home Energy Rebates (HER).

Energy efficiency programs throughout the Northeast continue to make strides in reducing both energy use and carbon emissions.

On October 30, the New Jersey Board of Public Utilities (NJBPU) approved the state’s next round of energy efficiency programs. These new programs have been a year in the making and include core energy efficiency investments and new initiatives for building decarbonization, demand response programs, and the creation of an online platform for all utility and state programs.

The US Department of Energy (DOE) requires that states submit market transformation plans as part of the Home Energy Rebates program funding through the Inflation Reduction Act (IRA). The intent of these market transformation plans is to ensure that IRA Home Energy Rebates create lasting change in each state’s energy efficiency market. In September, DOE released guidance and sample plans, informally kicking off the process of drafting these plans for states across the nation.

Not only is 2024 the year for Inflation Reduction Act funds, but it is also for planning customer-funded energy efficiency programs! Five states in the NEEP region will set new, multi-year energy efficiency plans. If approved, these plans will invest at least $16 billion over the next several years in the region’s energy efficiency programs to help customers save energy and money, reduce emissions, and serve as a grid resource.