The Cool Roof Rebate Act of 2024 directs the Department of Energy to create a rebate program that helps eligible households purchase and install reflective roofing materials designed to reduce heat absorption and lower cooling costs. The program targets low-income families earning less than 200 percent of their zip code's median income and living in areas with high heat-related health risks. Rebates range from $0.25 to $0.75 per square foot depending on the reflectivity performance of the roof product and whether the roof is flat or sloped, with higher rebates available for products that meet stricter reflectivity standards. The program is authorized to receive $25 million annually from 2025 through 2029 and will terminate on September 30, 2029, after which the Department of Energy must report to Congress on program outcomes. The bill allows households to combine these rebates with other grants or financial assistance programs for the same roofing project.
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