Energy Rebate Checks in New York
Overview:
New York Governor Kathy Hochul announced that millions of households will start receiving energy rebate checks, known as the Protecting Our Wallets Energy Rebate (POWER) program, as part of a $1 billion initiative from the state budget.
Key Details:
- Start Date: Checks will begin mailing out on September 21, with distribution continuing through December.
- Eligible Households: Approximately 8.2 million households will be affected.
- No Application Required: Payments will be based on 2024 state income tax returns without the need for applications.
Rebate Amounts:
- Joint Filers: Earn less than $150,000 – $200
- Joint Filers: Earn between $150,000 and $300,000 – $150
- Single Filers: Earn less than $150,000 – $100
Eligibility Criteria:
- Must have been a full-time resident of New York in 2024
- Must have filed a timely state resident income tax return
- Must not be claimed as a dependent on another taxpayer’s return
Statements:
- Gov. Hochul emphasized the need for relief due to rising household energy costs and gas prices.
- Rochester Mayor Malik Evans highlighted the significance of this program in easing the financial burden on residents.
Broader Context:
This rebate initiative is part of Hochul’s commitment to energy affordability, with over $7.6 billion in utility bill relief provided to households since 2021.
For more information on the upcoming rebate checks, click here.
