Reps. Huffman and Heck Introduce Bill to Help Homeowners Invest In Energy Efficiency

Statement

Reps. Jared Huffman (D-Calif.) and Denny Heck (D-Wash.) today introduced new legislation to help homeowners make investments in their homes and save money on their electricity and water bills. The Solar and Water-Efficient Homes Act would improve and modernize the Title I Home and Property Improvement Loan Program, one of America's oldest tools for assisting homeowners to remodel and upgrade their homes, and spur homeowners to invest in efficiency upgrades, greywater systems and other water-conserving improvements, photovoltaic panels, and new HVAC systems.

"Title I loans have helped hundreds of thousands of homeowners improve their homes," Huffman said. "It's time we make it easier for homeowners to invest in energy efficiency upgrades and improve water conservation, creating good local jobs, and helping the environment."

"Home improvement is already a $300 billion industry that generates nearly two percent of U.S. economic activity," Heck said. "With more incentives, we can make that growth even larger, creating more jobs to support the economic uptick. This bill encourages responsible upgrades in energy efficiency for homeowners and as a result, boosts the economy for everyone."

Source