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136 STAT. 2035 PUBLIC LAW 117–169—AUG. 16, 2022 (i) in the case of a retrofit that achieves modeled energy system savings of not less than 20 percent but less than 35 percent, the lesser of— (I) $2,000; and (II) 50 percent of the project cost; (ii) in the case of a retrofit that achieves modeled energy system savings of not less than 35 percent, the lesser of— (I) $4,000; and (II) 50 percent of the project cost; and (iii) for measured energy savings, in the case of a home or portfolio of homes that achieves energy savings of not less than 15 percent— (I) a payment rate per kilowatt hour saved, or kilowatt hour-equivalent saved, equal to $2,000 for a 20 percent reduction of energy use for the average home in the State; or (II) 50 percent of the project cost; (B) for multifamily building owners and aggregators carrying out energy efficiency upgrades of multifamily buildings— (i) in the case of a retrofit that achieves modeled energy system savings of not less than 20 percent but less than 35 percent, $2,000 per dwelling unit, with a maximum of $200,000 per multifamily building; (ii) in the case of a retrofit that achieves modeled energy system savings of not less than 35 percent, $4,000 per dwelling unit, with a maximum of $400,000 per multifamily building; or (iii) for measured energy savings, in the case of a multifamily building or portfolio of multifamily buildings that achieves energy savings of not less than 15 percent— (I) a payment rate per kilowatt hour saved, or kilowatt hour-equivalent saved, equal to $2,000 for a 20 percent reduction of energy use per dwelling unit for the average multifamily building in the State; or (II) 50 percent of the project cost; and (C) for individuals and aggregators carrying out energy efficiency upgrades of a single-family home occupied by a low- or moderate-income household or a multifamily building not less than 50 percent of the dwelling units of which are occupied by low- or moderate-income house- holds— (i) in the case of a retrofit that achieves modeled energy system savings of not less than 20 percent but less than 35 percent, the lesser of— (I) $4,000 per single-family home or dwelling unit; and (II) 80 percent of the project cost; (ii) in the case of a retrofit that achieves modeled energy system savings of not less than 35 percent, the lesser of— (I) $8,000 per single-family home or dwelling unit; and (II) 80 percent of the project cost; and VerDate Sep 11 2014 15:35 Oct 25, 2022 Jkt 029139 PO 00169 Frm 00219 Fmt 6580 Sfmt 6581 E:\PUBLAW\PUBL169.117 PUBL169 jmbennett on LAP3P8D0R2PROD with Publaw