U.S. announces home energy saving initiatives


CSA Z462 Arc Flash Training – Electrical Safety Compliance Course

Our customized live online or in‑person group training can be delivered to your staff at your location.

  • Live Online
  • 6 hours Instructor-led
  • Group Training Available
Regular Price:
$249
Coupon Price:
$199
Reserve Your Seat Today
Vice President Joe Biden is to announce a series of initiatives aimed at helping middle-income Americans make their homes more energy efficient and boost job growth among home retrofitters.

The goal of the measures is two-fold — help Americans keep down energy costs while at the same time laying the groundwork for a larger home energy efficiency industry.

"Together, these programs will grow the home retrofit industry and help middle-class families save money and energy," Biden is to say at the event.

The funds might be used insulate attics or put double panes on windows to trap heat in the winter and cold air in the summer months.

President Barack Obama, under pressure to reduce the stubbornly high 9.6 percent jobless rate, hopes the energy efficiency business and green technologies will be a future source of strong job growth.

The initiatives include a new loan program from the Federal Housing Administration through which Americans can get federally insured loans from private lenders to pay for home energy improvements.

Homeowners under the initiative will be able to borrow money for as long as 20 years for the projects, the vice president's office said. It will begin as a two-year pilot program.

Biden will also announce that the Energy Department will launch a pilot soon under which contractors can tell homeowners how efficient their homes are, on a scale of 1 to 10.

The idea is to help homeowners make decisions on what home improvements are needed and provide an estimate on how much money could be saved by making retrofits.

Biden will also announce an Energy Department proposal to create a uniform set of guidelines for workers in the retrofitting industry to follow.

Related News

BC Hydro Takes Ranchers to Court Over Hydro Line

BC Hydro is suing a ranching family in Vanderhoof, B.C. for blocking access to a…
View more

Scientists Built a Genius Device That Generates Electricity 'Out of Thin Air'

Air-gen Protein Nanowire Generator delivers clean energy by harvesting ambient humidity via Geobacter-derived conductive nanowires,…
View more

New Hampshire rejects Quebec-Massachusetts transmission proposal

Northern Pass Project faces rejection by New Hampshire regulators, halting Hydro-Quebec clean energy transmission lines…
View more

Can COVID-19 accelerate funding for access to electricity?

Africa Energy Access Funding faces disbursement bottlenecks as SDG 7 goals demand investment in decentralized…
View more

Tariffs on Chinese Electric Vehicles

Canada EV Tariffs weigh protectionism, import duties, and trade policy against affordable electric vehicles, climate…
View more

Ukraine Resumes Electricity Exports

Ukraine Electricity Exports resume as the EU grid links stabilize; ENTSO-E caps, megawatt capacity, renewables,…
View more

Sign Up for Electricity Forum’s Newsletter

Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.

Electricity Today T&D Magazine Subscribe for FREE

Stay informed with the latest T&D policies and technologies.
  • Timely insights from industry experts
  • Practical solutions T&D engineers
  • Free access to every issue

Live Online & In-person Group Training

Advantages To Instructor-Led Training – Instructor-Led Course, Customized Training, Multiple Locations, Economical, CEU Credits, Course Discounts.

Request For Quotation

Whether you would prefer Live Online or In-Person instruction, our electrical training courses can be tailored to meet your company's specific requirements and delivered to your employees in one location or at various locations.