Cool Roof Rebate Act of 2024

The Secretary shall establish and carry out a program to provide rebates to eligible households for the purchase and installation of eligible cool roof products.

The amount of a rebate provided under the program established under subsection (a) shall be—

(1) with respect to an eligible cool roof product installed on a low-sloped roof—

(A) $0.25 per square foot if such eligible cool roof product has—

(i) a minimum 3-year aged solar reflectance of 0.65 and a minimum 3-year-aged thermal emittance of 0.75; or

(ii) a minimum 3-year aged Solar Reflectance Index of 78; and

(B) $0.75 per square foot if such eligible cool roof product has—

(i) a minimum 3-year aged solar reflectance of 0.75 and a minimum 3-year-aged thermal emittance of 0.75; or

(ii) a minimum 3-year aged Solar Reflectance Index of 92; and

(2) with respect to an eligible cool roof product installed on a steep-sloped roof—

(A) $0.25 per square foot if such eligible cool roof product has—

(i) a minimum 3-year aged solar reflectance of 0.25 and a minimum 3-year-aged thermal emittance of 0.75; or

(ii) a minimum 3-year aged Solar Reflectance Index of 23; and

(B) $0.75 per square foot if such eligible cool roof product has—

(i) a minimum 3-year aged solar reflectance of 0.40 and a minimum 3-year-aged thermal emittance of 0.75; or

(ii) a minimum 3-year aged Solar Reflectance Index of 43.

Nothing in this section shall be construed to prohibit an eligible household from receiving any other grant, rebate, or other financial assistance with respect to the same eligible cool roof product for which a rebate is provided under the program established under subsection (a).

The program established under subsection (a) shall terminate on September 30, 2029.

Not later than 6 months after the program established under subsection (a) terminates, the Secretary shall submit to Congress a report describing, for each program participant—

(1) whether the participant used the rebate to help retrofit an old roof or install a new roof;

(2) if the participant retrofitted an old roof, which older roof product the new eligible cool roof product replaced or covered; and

(3) what eligible cool roof product the participant purchased using the rebate.

There is authorized to be appropriated to carry out this section $25,000,000 for each of fiscal years 2025 through 2029.

In this Act:

The term 3-year aged means, with respect to solar reflectance or thermal emittance of an eligible cool roof product, the solar reflectance or thermal emittance is tested after completing 3 years of field exposure, or tested after laboratory exposure that has replicated the effects of 3 years of natural exposure if the eligible cool roof product has begun but not yet completed field exposure, in accordance with the most recent standard issued by the American National Standard Institute and Cool Roof Rating Council, S100–2021.

The term eligible cool roof product means a product that has a rating from the Cool Roof Rating Council.

Except as provided in subparagraph (B), the term eligible household means an individual or family—

(i) residing in a single-family or multi-family building;

(ii) the total annual income of which is less than 200 percent of the median income of the zip code in which the individual or family resides (as reported by the Department of Housing and Urban Development); and

(iii) residing in a ZIP Code Tabulation Area that is in the 75th percentile or higher of the Heat and Health Index of the Centers for Disease Control and Prevention.

With respect to an individual or family residing in Alaska, Hawaii, or a territory of the United States, until the date that their respective State or territory is added to the Heat and Health Index of the Centers for Disease Control and Prevention, the term eligible household means that such individual or family—

(i) resides in a single-family or multi-family building; and

(ii) has a total annual income that is less than 200 percent of the median income of the zip code in which the individual or family resides (as reported by the Department of Housing and Urban Development).

The term incident solar flux means the solar power per unit area that strikes a surface.

The term low-sloped roof means a roof with a slope (ratio of rise to run) of 2:12 or less.

The term radiant heat flux means the radiant power per unit area.

The term reflected solar flux means the solar power per unit area reflected from a surface.

The term Secretary means the Secretary of Energy.

The term solar reflectance means the ratio of reflected solar flux to the incident solar flux.

The term Solar Reflectance Index means a calculated value that combines solar reflectance with thermal emittance into a single metric, in accordance with section 2.2.9. of the Cool Roof Rating Council’s Roof Product Rating Program Manual.

The term steep-sloped roof means a roof with a slope (ratio of rise to run) greater than 2:12.

The term thermal emittance means the ratio of the radiant heat flux emitted by a material tested at a temperature near 300 kelvin.