Assuming he can get the Congressional Motley Crew to go along, Obama’s “Homestar” program would offer a rebate of $1,000 or more to people who purchase energy saving equipment.
The details are not spelled out yet but there have been several proposals.
The first level of energy rebates will be called Silver Star. Consumers would be eligible for rebates between $1,000 – $1,500 for a variety of upgrades including adding insulation, sealing leaky ducts and replacing water heaters, HVAC unit, windows, roofing and doors.Â The maximum rebate would be $3,000.
The second level will be called Gold Star. This is for consumers who get home energy audits and then make changes designed to reduce energy costs by at least 20% would qualify for a $3,000 rebate. Additional rebates are available for savings over 20%.
If there was ever a time to replace your systems, windows, add insulation or roofs, why not get some “green” back! One of the most widely neglected upgrades is insulation. Most people think that insulation keeps only the cold out. Well, if it keeps the cold out it can also keep the hot out. That makes sense right?