HVAC Breaking News / News

Feb. 20, 2012: Legislation Introduced to Create Nationwide Energy Efficiency Program

February 20, 2012
/ Print / Reprints /
ShareMore
/ Text Size+
WASHINGTON — Rep. Peter Welch (D-Vt.) has unveiled bipartisan legislation to create a nationwide energy efficiency program that he said will create jobs, save homeowners money, and reduce carbon emissions.

The Home Owner Managing Energy Savings (HOMES) Act will provide rebates to homeowners who invest in energy efficiency improvements. Homeowners who demonstrate a 20 percent energy savings will receive a $2,000 rebate. For every 5 percent in additional energy savings, they can receive another $1,000 — up to a total of $8,000 or 50 percent of the project’s cost.

“Vermont has led the nation in energy efficiency. This legislation will bring the Vermont model to the rest of the country to save homeowners money, put contractors back to work, and improve the environment,” Welch said. “And, in an era of partisan gridlock, energy efficiency is a practical, common sense idea where lawmakers can find common ground.”

The HOMES Act is modeled after the Welch-authored Home Star Energy Retrofit Act (H.R. 5019), which passed the House with bipartisan support in the 111th Congress but did not gain approval in the Senate.

Publication date: 02/20/2012

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

Mini Split Installation

Twin Cities contractor Aabott Ferraro helped retrofit an older St. Paul home.

Podcasts

NEWSMakers: Jeff Nusz

Jeff Nusz, president, Reitmeier HVAC Services, Tualatin, Oregon, joins the program to discuss how he modernized his website and gained new clients and more money because of it. We’ll go through the process of the change and much more.  Posted on Aug. 1.

More Podcasts

ACHRNEWS

NEWS 07-28-14 cover

2014 July 28

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

Prohibiting HFCs

EPA is proposing a rule that would prohibit some HFCs in select refrigeration applications. Do you agree with this move?
View Results Poll Archive

HVACR INDUSTRY STORE

plumbing-hvac.gif
2014 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

 

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

DON'T MISS A THING

Magazine image
 
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con