Modifies the energy freedom program and account in order to receive federal funds and other sources of funding.

Expands the mission of the energy freedom program to accelerate energy efficiency improvements, renewable energy improvements, and deployment of innovative energy technologies.

Supports, through the energy freedom program, research, demonstration, and commercialization of energy efficiency improvements, renewable energy improvements, and innovation energy technologies.

Creates the energy recovery act account.

Expires sections 2, 3, 5, and 6 of the act on June 30, 2016.