Newsom launches billions in rebates to offset rising energy costs some blame him for
Story by Kenneth Schrupp • 21h
(The Center Square) - California Gov. Gavin Newsom announced billions of dollars in energy rebates for homeowners to offset ballooning energy prices that critics say amounts to "peanuts" to distract from utility costs.
California energy prices are double the national average, and ratepayers for the state’s two largest utilities are paying double what they paid 10 years ago and more than 50% more than in 2021.
“Thousands of dollars are now available for California homeowners to install heat pumps, making your home more energy-efficient and reducing your energy bills by hundreds of dollars each year,” said Newsom in his rebate announcement. “With these new rebates made possible by the Biden-Harris administration, Californians can save money and take real climate action.”
The new rebates offer up to $8,000 for heat pump systems for single-family homes, whose households make up 56% of Californians and whose owners are substantially more likely to vote, according to polling. The average heat pump system costs over $12,000 after rebates, according to Carbon Switch, though these estimates do not appear to yet count the newly announced rebates.
https://www.msn.com/en-us/money/other/newsom-launches-billions-in-rebates-to-offset-rising-energy-costs-some-blame-him-for/ar-AA1u9ZKz?ocid=msedgdhp&pc=HCTS&cvid=b2d4007223084e94b52e518c37dd4850&ei=102
