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Samsung is committed to developing eco-conscious products that can help you conserve
energy, cut costs, and build a more sustainable future for you, your family, and your community.
What is the Inflation Reduction Act?
Signed in August 2022, the Inflation Reduction Act is the single largest investment in climate and energy in American history.² These two upcoming programs provide rebates for buying energy-efficient appliances.
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Explore which rebate program is right for you
Induction ranges lead the way
Faster than gas or electric, Samsung induction ranges⁶ generate heat twice as fast and more efficiently, so you’ll spend less time waiting
and more time cooking.⁷
Shop IRA Rebate-Qualifying Samsung Appliances
Please be advised that rebates are launching in states at various times, many of which could be in 2024 and will continue into 2025. Households may qualify for 50-100% of the appliance cost based on their income level.
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FAQs
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When does the Inflation Reduction Act go into effect?The Inflation Reduction Act was signed into law in August 2022. Part of the law authorized the IRA home energy rebates — the HEAR and HOMES rebates referenced above. States are currently applying to DOE for their funding. WI recently launched their HOMES rebate program, which includes electric cooking products, dishwashers, refrigerators, washers, and dryers — all of which have to be ENERGY STAR to qualify for rebates. HOMES rebates will require the help and support of contractors. HEAR allows for rebates for ENERGY STAR electric cooking products, including induction ranges and cooktops, and ENERGY STAR heat pump dryers, including combination washer heat pump dryers. States can choose whether or not to include these categories in their rebate programs.
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How do I apply for Inflation Reduction Act rebates?You should contact your state energy office to learn about your state's plans for making rebates available under HEAR and HOMES. This DOE tracker is also a helpful resource: https://www.energy.gov/save/rebates
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How is Area Median Income (AMI) defined?For the Inflation Reduction Act appliance rebates, the law requires area median income be based on reporting by the Department of Housing and Urban Development (HUD). Values are calculated by household size of the median income of the area in which the individual or family resides, as reported by the Department of Housing and Urban Development.¹⁰
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Who qualifies for the HEAR program?
Single unit homeowners and multi-family residential building owners (must replace a gas appliance or must be new home or first installation of that appliance type in that home (or electric to heat pump dryer).
Individuals or entities that own multi-family buildings may be able to participate in this rebate program as long as >50% of units have an income <80% of AMI (to receive 100% of appliance rebate value up to $840) or >50% of units have an income between 80%-150% of AMI (to receive 50% of appliance rebate value up to $840).
The opportunity to receive up to $840 in rebates will be available to new construction single and multi-family home residents, customers switching from a gas appliance to a qualified electric appliance or an electric to heat pump dryer first-time purchases with respect to that appliance including the following appliance categories: electric kitchen ranges, electric cooktops and stovetops, and heat pump dryers. All products must be ENERGY STAR certified if applicable.
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Who qualifies for the HOMES program?
This rebate may be eligible for single and multi-family home residents who will be retrofitting their homes or performing a home energy upgrade. In order to qualify, the customer must achieve at least 15% of full home energy savings.⁹
While there is no income mandate for this program, certain states might focus on households with less than 80% of Area Median Income (AMI). Contractors are also eligible to receive $200 for providing service to underserved communities.
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How will the income verification process work?Details on this will be determined by individual states. DOE guidance to states indicates that self-attestation and categorical eligibility may be allowed to verify income for both HOMES and HEAR. DOE indicates that “States are encouraged to allow applicants to establish their eligibility through a variety of means, including categorical eligibility (enrollment in recognized low income programs), documentation of income, and self-attestation.”
DOE lists the following as potential methods used to establish income qualifications::
• Social Security Number (with link to IVES)
• List of categorical eligibility programs
• Pay stubs -
Will these rebates be available to homeowners retroactively?HEAR rebates are not available retroactively. Your state energy office can confirm if HOMES rebates may be available retroactively in your state.
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Where can I learn more?You can learn more about Samsung’s energy efficiency and sustainability, as well as Inflation Reduction Act following the links below:
• Explore our Energy Efficiency Initiatives
• Samsung Electronics Announces New Environmental Strategy
1For qualifying appliances under Home Electrification and Appliance Rebate Program and HOMES Rebate Program. Eligibility (including product and income requirements) and timing vary by state level and to be further clarified by the Department of Energy and states. See Inflation Reduction Act for details.
2According to Energy.gov.
3Up to $840 for qualifying appliances under the Home Electrification and Appliance Rebate Program. The appliance and income eligibility, as well as rebates amount and other specifics may vary by state. Limited to $14,000 total per eligible entity. See Inflation Reduction Act for details.
4Area median income is defined as the midpoint of a specific area’s income distribution and is calculated on an annual basis by the Department of Housing and Urban Development. See HUD for details.
5Price examples are provided for educational and illustrative purposes.
6Under IRA Section 50122, equipment and appliances must be ENERGY STAR® certified, where applicable, to be eligible for a rebate. The ENERGY STAR® program has created a specification to make efficient residential electric cooking appliances, including induction products, eligible for the ENERGY STAR® label. See https://news.samsung.com/us/eleven-samsung-cooking-products-receive-energy-star-certifications/ for details.
7Compared to Samsung premium slide-in non-induction models (NX60T8711SS/AA, NE63T8711SS/AA) boiling 1Q water (80 – 190F).
8Potential savings up to 80% for qualifying appliances under the HOMES Rebate Program. The appliance and income eligibility, as well as rebates amount and other specifics may vary by state. See Inflation Reduction Act for details.
9Households may be able to participate in HOMES Rebates Program using either a Measured or Modeled savings approach (with different savings requirements and rebates amount). Eligibility (including product and income requirements) and timing vary by state level to be further clarified by the Department of Energy. See Inflation Reduction Act for details.
10HUD publishes income limit information annually at https://www.huduser.gov/portal/datasets/il.html#2023_faq. DOE intends to make the data table available electronically for state reference via an application programming interface.