Home Efficiency and Electrification Rebate Programs

The federal Inflation Reduction Act includes a rebate program that funds homeowner's energy efficiency updates and electrification projects, such as converting from a gas range to an electric range, efficient air conditioners, electric heat pump water heater, electric heat pump for space heating and cooling, electric heat pump clothes dryer, insulation, air sealing, windows, doors, smart thermostats, electric panel upgrades, and electric wiring. 

Iowa has not rolled out these programs yet, but the Iowa Economic Development Authority has a webpage where you can sign up to be alerted once the program has been implemented.  Here is a link to Iowa's Residential Energy Efficiency Program.

According to materials on the Economic Development webpage, Iowa is expected to be awarded:

• "Home Owner Managing Energy Savings (HOMES) Rebate Program: Iowa expects to receive over $60 million in funding to provide rebates for energy efficiency retrofits ranging from $2,000-$8,000 for individual households and up to $400,000 for multifamily buildings.
• High-Efficiency Electric Home Rebates (HEEHRA) Program: Iowa expects to receive approximately $60 million in funding to provide prescriptive rebates on a percentage of the cost for an efficiency project based on household income, with a rebate cap of $14,000.
• Contractor and Auditor Training Programs (50123): Iowa expects to receive just over $2 million to attract, train, certify and retain a diverse set of local workers to deliver the influx of new federally-funded energy efficiency and electrification programs."

See US Department of Energy fact sheet