The U.S. Department of Energy (DOE) has announced over $240 million in funding to help state and local governments adopt innovative building energy codes. Provided through the Inflation Reduction Act (IRA), this funding aims to enhance energy efficiency, lower consumer costs, and address the impacts of climate change.
Nineteen state and local governments are set to receive grants to implement the latest energy codes, including Philadelphia, New York City, and Colorado. These initiatives are expected to improve grid resilience, cut energy costs, and reduce emissions in both commercial and residential buildings. In particular, new building performance standards will play a key role in reducing the environmental impact of large-scale properties.
According to Jennifer Granholm, U.S. Secretary of Energy, these projects will deliver "safer, healthier, and more comfortable places to live, work, and play." Homes built under the latest codes will be about 40% more efficient than those built 15 years ago, benefiting both residents and building operators.
The funding also aligns with the Justice40 Initiative, which ensures that 40% of the benefits from federal investments in clean energy flow to disadvantaged communities. Selected projects like the Ohio High Performance Buildings Hub and Massachusetts Building Performance Exchange Hub will focus on offering financial and technical support to these areas.
Applications for the next round of IRA funding close on September 13, 2024.
Sources: energy.gov