HOMES Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Apr 28, 2015)
Home Owner Managing Energy Savings Act of 2015 or the HOMES Act
The Department of Energy (DOE) must establish the Home Energy Savings Retrofit Rebate Program to provide rebates of up to $5,000 to reward homeowners for achieving home energy savings. Rebates may not exceed: (1) $10,000 per individual; or (2) 50% of the qualified home energy efficiency expenditures paid or incurred by the homeowner.
DOE must develop: (1) a network of rebate aggregators or a national rebate aggregator that can facilitate the delivery of rebates to reimburse participating homeowners or contractors, and (2) guidelines for allowing utilities participating as rebate aggregators to count the energy savings from their participation toward state and local level energy saving targets.
This bill provides for the tax treatment of rebates, including an exclusion of such rebates from the taxable income of the homeowner.
DOE must make grants available for developing quality assurance programs to oversee the delivery of home efficiency retrofit programs, overseeing quality assurance plans, establishing and delivering financing pilots, coordinating with existing residential retrofit programs and infrastructure development to assist deployment of the Home Energy Savings Retrofit Rebate Program, and carrying out that Program.
DOE must establish a Residential Energy Efficiency Pay for Performance pilot program to encourage the use of measured energy savings, and financial payments for those energy savings, in the operation of residential energy efficiency programs.
What just happenedMay 1, 2015
Referred to the Subcommittee on Energy and Power.
Who’s behind it
- Introduced in HouseApr 28, 2015
- May 1, 2015Committee
Referred to the Subcommittee on Energy and Power.
Energy, Climate and Grid Security Subcommittee - Apr 28, 2015IntroReferralH11100
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Ways and Means Committee - Apr 28, 2015IntroReferralH11100-A
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Apr 28, 2015IntroReferralH11100
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Energy and Commerce Committee - Apr 28, 2015IntroReferralIntro-H
Introduced in House
- Apr 28, 2015IntroReferral1000
Introduced in House