California pauses home energy rebate program amid Trump funding freeze
Published On Mar 5, 2025, 2:54 PM
California has temporarily suspended its Home Energy Rebate program, which provided financial incentives to consumers for improving energy efficiency in their homes. This pause comes in response to a funding freeze by the Trump administration, which affects federal disbursements related to green energy initiatives. The program, which offered rebates through the Inflation Reduction Act, had previously begun issuing payments but now faces uncertainty as states await clarity on federal funding.
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The pause in funding for energy efficiency initiatives in California, a key market for green energy and home improvement, could reduce investments in companies linked to energy-efficient products and technologies.
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