Home energy performance-based, whole-house rebates
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(a) Appropriation
(1) In general
In addition to amounts otherwise available, there is appropriated to the Secretary for fiscal year 2022, out of any money in the Treasury not otherwise appropriated, $4,300,000,000, to remain available through September 30, 2031, to carry out a program to award grants to State energy offices to develop and implement a HOMES rebate program.
(2) Allocation of funds
(A) In generalThe Secretary shall reserve funds made available under paragraph (1) for each State energy office—
(i)
in accordance with the allocation formula for the State Energy Program in effect on January 1, 2022; and
(ii)
to be distributed to a State energy office if the application of the State energy office under subsection (b) is approved.
(B) Additional funds
Not earlier than 2 years after August 16, 2022, any money reserved under subparagraph (A) but not distributed under clause (ii) of that subparagraph shall be redistributed to the State energy offices operating a HOMES rebate program using a grant received under this section in proportion to the amount distributed to those State energy offices under subparagraph (A)(ii).
(3) Administrative expensesOf the funds made available under paragraph (1), the Secretary shall use not more than 3 percent for—
(A)
administrative purposes; and
(B)
providing technical assistance relating to activities carried out under this section.