Summary of Infrastructure and Investment Jobs Act and Inflation Reduction Act Funding

The Infrastructure and Investment Jobs Act (IIJA), most commonly known as the Bipartisan Infrastructure Law, was signed into law by President Joe Biden on November 15, 2021. A second bill, The Inflation Reduction Act (IRA) was signed into law on August 6, 2022.

Both laws include many energy-related funding opportunities for Rhode Island. The funding is available through (a) formula grants which are predetermined amounts given to state energy offices; or (b) competitive grants which are not predetermined and are awarded based on the merits of the application.

The RI Office of Energy Resources (OER) is involved in the following opportunities.

IIJA Formula Funding

IIJA Competitive Grants

IRA Formula Funding

  • Home Energy Performance-Based, Whole-House Rebate Program (HOMES): OER anticipates receiving approximately $32 million for a rebate program. According to the Department of Energy, state energy offices must use at least 80 percent of awarded funds to provide single-family and multifamily households with discounts for efficiency upgrades that are predicted to save at least 20 percent of the home’s energy use. The guidance on the use of funding for administration of the program was released in March 2023. The Department of Energy anticipates a release of rebate guidance in mid-summer 2023.
  • High Efficiency Electric Home Rebate (HEEHR) Program: OER anticipates receiving approximately $31.8 million for a rebate program. According to the Department of Energy, a state energy office must use at least 80% of awarded funds to provide single-family and multifamily households with discounts for high efficiency home appliances and equipment. The guidance on the use of funding for administration of the program was released in March 2023. The Department of Energy anticipates a release of rebate guidance in mid-summer 2023.

Future Opportunities from IIJA and IRA

For more information about these funding opportunities, please contact Karen Bradbury at Karen.Bradbury@energy.ri.gov