Bill · S. 3722· Senate(119-S-3722)
Lowering Home Energy Costs Act
- Introduced
- 1/29/2026
- Last activity
- 1/29/2026 — Read twice and referred to the Committee on Finance.
- Sponsored by
- Catherine Cortez Masto
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
The "Lowering Home Energy Costs Act" aims to amend the Internal Revenue Code of 1986. It focuses on restoring and extending specific tax credits intended to incentivize energy efficiency. The bill extends the New Energy Efficient Home Credit until December 31, 2032. It also extends the Residential Clean Energy Credit until December 31, 2032. Finally, the bill restores the Energy Efficient Home Improvement Credit by repealing a previous section of Public Law 119-21.
Yes
Does this put more money into wind, solar and other renewable power?+4
The extension of the Residential Clean Energy Credit incentivizes investment in renewable energy technologies for homes.
Would middle-income households be better off under this?+3
The extension of home energy tax credits provides financial relief to middle-income homeowners.
Does this cut taxes for middle-income families?+3
The bill extends and restores tax credits that reduce the tax burden for homeowners investing in energy efficiency.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Extension of the New Energy Efficient Home Credit: This provision extends the credit deadline from June 30, 2026, to December 31, 2032, which provides a longer timeframe for people to utilize the credit (Section 2).
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Extension of the Residential Clean Energy Credit: This provision extends the credit deadline from December 31, 2025, to December 31, 2032, allowing individuals more time to benefit from the credit (Section 3).
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Restoration of the Energy Efficient Home Improvement Credit: By repealing Section 70505 of Public Law 119-21, the bill restores section 25C of the Internal Revenue Code of 1986 (Section 4).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Environment Energy And Infrastructure
- Increases Renewable Energy Investment+4
- Demographic And Interest Groups
- Good For Middle Class Households+3
- Economy And Finance
- Reduces Middle Class Taxes+3
- 1/29/2026
- Read twice and referred to the Committee on Finance.
- Introduced in Senate