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Energy office seeks federal funding to run home‑efficiency rebates, proposes interagency SPEED Council

2468961 · February 7, 2025
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Summary

The Office of Energy and Mineral Resources asked JFAC to appropriate federal funds to administer a Home Energy Rebates program and described ongoing federal grants to strengthen grid resilience. The governor’s recommended budget added funding for a proposed SPEED Council to streamline permitting and a public dashboard for large projects.

The Joint Finance-Appropriations Committee reviewed the Office of Energy and Mineral Resources’ (OEMR) budget, including federal grants for grid resilience, a proposed Home Energy Rebates program funded by the Inflation Reduction Act, and the governor’s recommendation to fund a multi‑agency “SPEED Council.”

Legislative analyst Kellen McGurkin summarized the office’s funding history and noted a large one‑time transfer: a $15 million state match transfer in FY2022 that was reappropriated to support the state match portion of federal energy resiliency grants (referred to in materials as POREG). He said OEMR’s federal appropriations have grown as the office administers rounds of competitive federal grant awards and that the Renewable Energy Resources Fund receives revenues from…

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