Homestar - “cash for caulkers” Here are the basics:
The official name of the program would be Homestar, playing off the name Energy Star, a government program that promotes energy-efficient appliances.
Weatherization Projects: $6 billion would go to incentives to people who did at least two significant weatherization projects — such as air sealing, insulation, new light bulbs and new appliances. Homestar would have a list of 10 such projects. Households that did at least two would be eligible for up to $2,000. Households that did four would be eligible for up to $3,500. The government money could not pay for more than half of any project.
Reduced Energy Consumption Projects: $12 billion would be set aside for households that undertook a weatherization project that reduced energy consumption by at least 20 percent. A 20 percent reduction would bring a $4,000 subsidy. Each additional 5 percent reduction would bring another $1,500. Again, government money could not pay for more than half of any project.
Some portion of weatherization projects would be audited to ensure they had done what they were supposed to. These audits would be paid for with $2 billion for program administration.
Retailer Incentives for Sears, Home Depot, Lowes's and more: The remaining $3 billion for the program would pay for incentives to retailers, like Home Depot and Lowe’s, and contractors. “What you want to be able to do,” Mr. Doerr said, “is walk into Sears or Home Depot and see a great big Homestar logo and a Homestar sales representative.”
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Tuesday, December 8, 2009
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