The bill doesn’t go far enough, but the whole thing is a good start.
“The program dubbed the High Efficiency Electric Home Rebate Act (HEERA) sets aside $4.5 billion in direct rebates for low- and moderate-income households that install new, efficient electric appliances.
Under the proposed rebate framework, a low-income household would receive a rebate of up to $8,000 for a new heat pump, $840 for an electric stove or electric dryer, and $2,500 for updated electrical wiring, among other rebates. Matusiak said those incentives will enable 1 million households to go electric.”
Sweeping climate and health care legislation unveiled by Democrats last week would lead to significant cuts in energy costs for American households, according to a new analysis.
finance.yahoo.com