Homeowner Energy Freedom Act
The Homeowner Energy Freedom Act would repeal certain taxpayer subsidies that were created to support home electrification under the Inflation Reduction Act (IRA). Specifically, it targets three sections of Public Law 117-169 (the IRA) that provide subsidies or rebates related to high-efficiency home electrification and related programs. In addition, the bill would rescind any unobligated (unspent) funds that were made available under those sections as of just before enactment. It also would remove a cross-reference to a high-efficiency electric home rebate program from another IRA provision, via a conforming amendment. In short, the bill would eliminate federal subsidies for home electrification currently authorized by those IRA provisions and claw back any unused appropriations tied to them.
Key Points
- 1Repeals three IRA sections: Specifically, Section 50122, Section 50123, and Section 50131 of Public Law 117-169 (the Inflation Reduction Act), which are associated with subsidies or rebates related to home electrification.
- 2Rescission of unobligated funds: Any unspent balances made available under those IRA sections as of the day before enactment would be returned (rescinded).
- 3Conforming amendment: Removes a reference to a high-efficiency electric home rebate program from another IRA provision (Section 50121(c)(7)).
- 4Narrow scope: The repeal applies only to the specified IRA sections and related cross-reference; it does not repeal other IRA provisions or broader energy-related tax credits not tied to these sections.
- 5Legislative status: Introduced in the Senate on January 30, 2025, sponsored by Mr. Sheehy and several co-sponsors; referred to the Committee on Energy and Natural Resources.