The Homeowner Energy Freedom Act would repeal three major tax credit and rebate programs from the 2022 Inflation Reduction Act that helped homeowners pay for electric heat pumps, electric water heaters, and other home electrification improvements. The bill would eliminate these taxpayer-funded subsidies and rescind any unspent money allocated to these programs. This legislation would affect millions of American homeowners who have received or planned to receive financial assistance for upgrading their home energy systems to electric alternatives. The bill contains no new funding or implementation timeline, as its sole purpose is to cancel existing programs rather than establish new ones.