The bill mandates the Department of Energy Resources (DOER) to submit an annual report to legislative committees, detailing its activities, funding, and progress towards energy goals in Massachusetts. It highlights the implementation of new regulations for energy efficiency and building decarbonization, including revisions to the Building Energy Code Regulations and the Clean Peak Energy Portfolio Standard. The report underscores the importance of stakeholder engagement and showcases significant grant funding efforts, such as $15.2 million awarded to Green Communities for clean energy initiatives, and the establishment of programs aimed at decarbonizing affordable housing and enhancing electric vehicle infrastructure.

Additionally, the bill introduces the Home Efficiency Rebates (HER) program and allocates $73,086,125 for the Affordable Housing Decarbonization Grant Program, focusing on multi-family housing. It also establishes the Home Electrification and Appliances Rebate (HEAR) Program with a budget of $72,809,130, targeting low- and moderate-income households. The bill emphasizes community engagement and equitable access to updated building energy codes, with DOER responsible for training local communities. Significant funding allocations are made for various renewable energy initiatives, including $1,000,000 for Renewable Portfolio Standard support and $125,000,000 for energy rebates to residential customers, reflecting a comprehensive approach to advancing sustainability and energy efficiency in the Commonwealth.