We have received text from H.R. 7197: Home Energy Relief Act. This bill was received on 2026-01-22, and currently has 2 cosponsors.
Here is a short summary of the bill:
This bill, known as the Home Energy Relief Act, aims to enhance access to rebates related to home energy efficiency for various groups, including working families, renters, and owners of older homes. The key provisions of the bill include the following:
1. Combined Rebates
The bill proposes to allow individuals to combine certain rebates from home energy improvement programs. Specifically, it repeals existing restrictions that prevent the combining of:
- Home energy performance-based whole-house rebates.
- High-efficiency electric home rebate programs.
This change is expected to make it easier for individuals to take advantage of multiple financial incentives for making energy-efficient upgrades to their homes.
2. High-Cost Urban Retrofit Bonus Rebates
The bill also introduces a new bonus rebate structure for homes built before 1970. This paragraph allows state energy offices or Indian Tribes to provide:
- A bonus rebate to eligible entities that have already received rebates under the high-efficiency electric home rebate program.
- The bonus rebate will be up to 20% of the initial rebate amount.
However, the total rebates received cannot exceed the cost of the qualified electrification project the upgrades pertain to.
3. Reporting Requirements
To maintain oversight and track the effectiveness of these programs, the Secretary of Energy is required to submit reports to Congress. These reports should include:
- The number of households that received rebates in the previous year.
- The average energy savings achieved by these households due to the upgrades.
- Recommendations for further improving access to these rebates, particularly for low-income and high-energy-burden households.
4. Definitions
The bill specifies definitions for key programs referenced within, ensuring clarity on what constitutes:
- HOMES rebate program.
- High-efficiency electric home rebate program.
The purpose of this legislation is to broaden the availability of financial incentives for energy-efficient home improvements, particularly benefiting families who are struggling with energy costs or living in older homes.
Relevant Companies
- GE - General Electric Co.: Likely to be impacted by increased demand for high-efficiency electric appliances.
- WHR - Whirlpool Corporation: Could see a boost in appliance sales as homeowners seek rebates for energy-efficient products.
- TSLA - Tesla Inc.: May experience increased interest in electric home products, including energy storage solutions.
Representative Wesley Bell Bill Proposals
Here are some bills which have recently been proposed by Representative Wesley Bell:
- H.R.7461: To direct the Administrator of the Federal Emergency Management Agency to submit a monthly report on the status of all projects and activities funded through the Disaster Relief Fund, and for other purposes.
- H.R.7395: NO ICE ADs Act
- H.R.7323: Defense Technology Hubs Act of 2026
- H.R.7197: Home Energy Relief Act
- H.R.6252: Food Assurance and Security Act
- H.R.6172: Ending Forced Arbitration of Race Discrimination Act of 2025
You can track bills proposed by Representative Wesley Bell on Quiver Quantitative's politician page for Bell.
2026 Missouri's 1st Congressional District Election
There has been approximately $40,782,256 of spending in Missouri's 1st congressional district elections over the last two years, per our estimates.
Approximately $31,057,767 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
- UNITED DEMOCRACY PROJECT ('UDP') ($17,197,078)
- JUSTICE DEMOCRATS PAC ($4,016,085)
- FAIRSHAKE ($2,813,046)
- MAINSTREAM DEMOCRATS PAC ($2,497,359)
- WORKING FAMILIES PARTY PAC ($1,601,320)
The rating for this race is currently "Solid D".
You can track this election on our matchup page for the 2026 Missouri's 1st congressional district election.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
