Franklin Energy Partners with the New Mexico Energy, Minerals, and Natural Resources Department to Implement IRA-Funded Home Electrification and Appliance Rebate Program
2024年5月14日 - 11:05PM
Franklin Energy, a leading provider of energy efficiency and
sustainable energy management solutions, announced today that they
will implement the state of New Mexico’s Home Electrification and
Appliance Rebate (HEAR) Program for single-family homes.
The HEAR program is funded through the federal Inflation
Reduction Act (IRA) of 2022, the largest investment in reducing
carbon pollution in the country’s history. Billions of dollars of
HEAR funds will be distributed to low-income households to help
electrify homes which will then lower utility costs. As HEAR rolls
out through state governments across the nation, New Mexico is
setting the pace as one of the first states to have applied to the
federal Department of Energy for HEAR funds; they are also among
the earliest to procure an implementation partner with this
contract award to Franklin Energy.
New Mexico’s HEAR program is being administered by the Energy
Conservation and Management Division (ECMD) of the state’s Energy,
Minerals and Natural Resources Department (EMNRD).
“For the last three decades, Franklin Energy has continued to
transform our capabilities into resources that can be leveraged by
the entire ecosystem of energy solution providers,” said Terry
Sobolewski, Franklin Energy CEO. “We have years of experience
providing energy efficiency support to electric and gas utilities
in New Mexico, and we’re excited to utilize our knowledge of the
local market and our existing contractor network to further
transform the homes of low-income residents. We are committed to
supporting New Mexico and other states across the nation who are
seeking to leverage the potential of IRA programs while advancing
the evolution of decarbonization measures within the clean energy
landscape.”
“This work will be transformative for the households in my home
state and will help the state reach the climate goals set forth by
our governor,” said Alyssa Latuchie, Franklin Energy Director of
Market Development and a Santa Fe, New Mexico resident. “New Mexico
is at the front of the pack, leading the charge towards
implementing the programs coming out of the Inflation Reduction
Act. These programs, along with the state programs that New Mexico
has in place, are poised to really make an impact for low-income
households across this state. It’s an exciting time to be in this
industry, and it’s an exciting time to be in New Mexico. We at
Franklin Energy are eager to get started.”
Franklin Energy will work with ECMD to implement the HEAR
Program, bringing rebates to low-income New Mexicans for items like
heat pumps, insulation, air sealing, and heat-pump water heaters.
These rebates will help reduce the purchase price of these
energy-saving products, making them more accessible to low-income
households.
About Franklin Energy
Franklin Energy delivers end-to-end sustainable energy
management solutions through a portfolio of intelligent products
and services that lowers costs, reduces carbon waste, and grows
stronger communities and local economies. Franklin Energy is
committed to achieving net-zero carbon emissions by 2025,
protecting our communities and planet while building a brighter,
more sustainable future.
About New Mexico Energy Conservation Management
Division
The Energy Conservation and Management Division (ECMD) is part
of the New Mexico Energy, Minerals and Natural Resources Department
(EMNRD), the agency that is leading the state’s charge toward clean
energy adoption. ECMD is the U.S. Department of Energy’s designated
State Energy Office for New Mexico.
Kristi Longballa
Franklin Energy
775-204-5860
klongballa@franklinenergy.com