The Fed has raised its benchmark rate of interest 11 instances in the past 12 months and a half, to about 5.4%, the highest stage in 22 years. Customers, in contrast with a quantity of years ago when they had been taking up main renovations at home, centered instead on smaller, inexpensive initiatives. DOE released utility pointers for Tribal governments to use for $225 million in funding underneath the Home Electrification and Appliance Rebate program. DOE’sOffice of State and Community Energy Programs hasreleased functions for states and territoriesto apply for program funding.

• If the refurbishment prices exceed the standard grant