The state of Maine is working on a plan to allocate $72 million from the Inflation Reduction Act to help residents with their energy.
$8,000 in Direct Payments
Pres. Joe Biden signed the Inflation Reduction Act that allotted $370 billion for investments across the country in clean energy and energy efficiency. One of the provisions stated is to provide $4.3 billion for energy-saving retrofits and an additional $4.5 billion for electric appliances.
In a published article in the Washington Examiner, eligible residents in Maine could get an amount of $8,000 or 100% of project costs for heat pumps. The state officials also reiterated that they want this program to become accessible to both low-income and middle-income households.
READ ALSO: 4th Stimulus Check Update: $1,000 To Be Sent Through Direct Deposit Or Paper Checks, IRS Says
State Officials Released a Statement
According to an article published in Original Newsbreak, Gov. Janet Mills said, “We are setting an example for the nation, and with our new and ambitious goal, we will continue to lead the way when it comes to embracing efficient, climate-friendly technologies that strengthen our economy, protect our environment, and save people money.”
Furthermore, the state is working on a plan to allocate a total amount of $72 million for the energy rebates that will be sent through direct payments to eligible residents.
READ ALSO: $3 Billion Is Waiting For Residents In Florida, Here’s What You Should Know