The U.S. Department of Energy has issued its Market Transformation Plan Guidance to help states develop their Market Transformation Plans.

The $8.8 billion federal investment in the rebate programs can act as a catalyst to unlock capital and innovation. DOE requires states to develop and implement Market Transformation Plans to ensure that state Home Energy Rebate programs stimulate investment in residential energy upgrades.

With plans that articulate long-term objectives and supporting activities, state programs are more likely to drive benefits such as lower costs, increased supplier participation and consumer demand for energy-efficient upgrades, and accurate valuation of retrofits.

DOE will post sample plans that accompany the guidance in the coming hours on our Application Guidance page under Implementation Blueprint Plans.

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Date: September 30, 2024

Type: Guide

Countries: None

States: None