Inflation Reduction Act Home Energy Rebates in New Jersey
New Jersey is preparing to launch federally funded home energy rebate programs supported through federal funding provided by the Inflation Reduction Act (IRA). The goal of the NJ IRA Home Energy Rebate Programs is to implement both the Home Owner Managing Energy Savings (HOMES) Rebate Program and High-Efficiency Electric Home Rebate (HEEHR) Program through coordinated program pathways to support comprehensive energy efficiency upgrades across New Jersey’s low- and moderate-income housing stock, where such investments are most needed.
Status
Under Development
Program Contacts
Relevant Audiences
On this Page
Program Status
New Jersey’s IRA Home Energy Rebate programs are currently in development and are not yet open for applications. The State is continuing to finalize required implementation blueprints and program design materials in coordination with the U.S. Department of Energy (DOE).
At the same time, New Jersey is proactively advancing operational readiness efforts — including delivery systems, contractor network development, application pathways, and program administration infrastructure — to help support an efficient statewide launch once federal approval requirements are completed.
Home Energy Rebates Timeline
What are the IRA Home Energy Rebates?
The federal IRA Home Energy Rebates framework includes two types of rebates:
- Home Owner Managing Energy Savings (HOMES) Rebate Program, which provides rebates for qualifying projects that reduce whole-home energy use, in accordance with current federal program requirements; and
- High-Efficiency Electric Home Rebate (HEEHR) Program, which provides rebates for eligible high-efficiency electric equipment and other qualifying home energy improvement measures, in accordance with current federal program requirements.
In New Jersey, these opportunities are being developed through two primary program pathways. The Multifamily Retrofit Initiative for Sustainability and Equity ("M-RISE") is intended to support comprehensive retrofit and energy efficiency projects within the state’s historically underserved multifamily housing sector. Program implementation and participant engagement for M-RISE are being administered by Resource Smart LLC on behalf of NJBPU. A second initiative, CP-HEAR, is being developed as a focused enhancement to the state’s existing low-income energy efficiency initiative: Comfort Partners.
Who may be eligible?
Final eligibility requirements will be announced when the programs launch. Eligibility may depend on household income, building type, project type, and other program-specific requirements. Potential participants may include homeowners, renters, landlords, developers, and multifamily building owners.
What types of improvements may be covered?
Eligible measures will be announced when program rules are finalized, but may include improvements such as:
- electric panel upgrades
- insulation, air sealing, and building shell weatherization
- high efficiency space conditioning upgrades (e.g. heat pumps)
- heat pump water heaters
- other energy efficiency measures
What should I do now?
Until the programs launch, interested residents and building owners can:
complete an inquiry form to sign up for updates
explore currently available New Jersey clean energy and utility efficiency programs
review M-RISE Program FAQ
check this page for future announcements
Will rebates be retroactive?
At this time, New Jersey residents and property owners should not assume that projects already underway or already completed will qualify for IRA rebates. Final program rules and application instructions will be posted before launch.
How will I apply?
Application details will be announced closer to launch. Depending on the program, applicants may need to complete eligibility screening, provide project information, and receive approval before work begins or before rebate funds are reserved.
Stay Informed
This page will be updated as New Jersey finalizes program design, launch timing, eligibility details, and application instructions.
For general questions regarding New Jersey's Inflation Reduction Act (IRA) Home Energy Rebates programs or related program development activities, please contact: energyefficiency@bpu.nj.gov.