Today, Vice President Harris will visit a federal auditorium and training center in Boston to highlight new initiatives being taken by the Biden-Harris Administration to lower energy costs for working families and support good-paying jobs and productivity in America. The Vice-President will emphasize how the Administration continues to reduce energy costs for families before winter. And, the Vice President will highlight how President Biden’s economic plan will help households access energy-efficient appliances when they want to fix their homes, so they can save money on their utility bills for years to come.
These measures will provide additional support for low- and moderate-income families, as well as support tax credits that families and property owners can use under the Inflation Reduction Act to install energy-efficient appliances and make improvements to buildings. President Biden’s economic plan focuses on reducing energy costs for American families so they can keep their homes warm in the winter and cool in the summer, especially as communities across the country face extreme heat and changing weather caused by climate change.
New measures to lower energy costs for households include:
- New tools for the Local Income Energy Assistance Program (LIHEAP): The Department of Health and Human Services (HHS), through the Administration for Children and Families (ACF), today announced $4.5 billion to help lower heating costs for American families this winter. LIHEAP funding goes to states, territories, and nations. In addition to covering this winter’s home heating costs and unpaid bills, this program will help families make cost-effective home energy improvements to lower their heating and cooling bills. Last year, LIHEAP served more than 5.3 million homes with heating, cooling, and air conditioning services. This support is especially important during the winter and summer months, as millions of Americans face severe weather and natural disasters. See here for more information on LIHEAP.
- Announcement of Government Funding from the Affordable Care Act to make Homes Efficient: The DOE announced nearly $9 billion in federal and state funding allocations under new federal and state-administered programs established by President Biden’s Tax Cuts Act. Funding for the new rebate program could support up to 1.6 million households across the country to improve their homes and buildings to lower their electricity bills, including installing up to 500,000 heat pumps and making extensive structural repairs with insulation and wiring. Combined with the estimated 700,000 homes that will be weather-proofed and the Climate Assistance Program expanded under the Bipartisan Infrastructure Act, this puts America on track to meet President Biden’s campaign goal of 2 million homes. Overall, these programs will make these cost-saving improvements more affordable for low- and middle-income families as countries gain the capacity to deploy at least 12 million heat pumps by 2030. , and they can start planning programs to distribute aid to families who use this money.
- Manufacturing Heat Pumps to Drive Energy Efficiency: To support the jump in heat pump deployment driven by the Inflation Reduction Act, DOE also issued a Notice of Intent and Request for Information on how to best use $250 million to further heat pump production in the United States, using the Defense Production Act’s authority. called for by President Biden last summer and supported by the President’s Tax Cuts Act. Heat pumps are an efficient technology that can heat and cool homes and buildings using only half or a third of the energy used by traditional heating systems. Heat pumps hold great promise for lowering energy costs for every American family—saving up to $500 on energy bills every year—while supporting good jobs, revitalizing American manufacturing, improving public health, mitigating climate change, and strengthening national security by reducing reliance of power. foreign enemies. Families can access detailed information about the many programs that support heat pumps and building improvements in the Affordable Care Act at www.cleanenergy.gov.
- Support good paying jobs: DOE announces an upcoming roundtable with labor, business, and other key stakeholders to receive input on the design of a $260 million workforce development program to support energy efficiency and infrastructure improvements supported by the Inflation Reduction Act and the President’s Bipartisan Infrastructure Act Law. . Building on the momentum from these new programs, Raise and Relay Network, an independent partnership of mission-based organizations across the US today is committed to electrifying thousands of affordable housing units and training more than 100 people of color, women, and clean Veterans. energy contractors in cooperation with heat pump manufacturers.
- To make a Private Sector move: Private businesses are stepping on this huge opportunity. Today, a group of companies led by Airbnb, Redfin, Lyft, Duquesne Light Company, Mosaic, Arcadia, and Propel are partnering with Rewiring America to launch a campaign to educate consumers and their users to educate at least 10 million American households about the opportunities to save money with heat pumps and other installation opportunities for building electricians, using Rewiring America’s Inflation Reduction Act Calculator and other tools. In addition, three companies – Mars, Procter & Gamble, and Cargill – have stepped up today as part of the Renewable Thermal Collaborative, making commitments to explore and use heat pumps in their business areas to reduce costs and reduce pollution. And the Department of Energy today announced that Carrier and Trane Technologies have become the second and third companies, along with Lennox, to meet the requirements of the Residence Cold Climate Heat Pump Challenge for high performance in cold weather – to provide high heating in cold temperatures.
- Crowdfunding: The Environmental Protection Agency’s new $27 billion Greenhouse Gas Reduction Fund—created by President Biden’s Inflationary Reduction Act to collect funding for greenhouse gas reductions that undermine clean energy and climate projects—will hold a National Public Hearing Session on Wednesday. – November 9, 2022 to hear the views of stakeholders on how these federal catalytic resources can support the deployment of distributed energy sources, including heat pumps, in disadvantaged areas. EPA has also published a Request for Comments seeking public comment on key design issues for the Greenhouse Gas Reduction Fund.
In addition to cost reduction, energy saving and energy efficient building and equipment improvements can reduce indoor and outdoor air pollution, improving health in our communities. In addition, they will reduce millions of tons of greenhouse gas emissions each year to help combat climate change.
Vice President Harris will be joined by members of the International Association of Sheet Metal, Air, Rail, and Transportation Workers, who are partnering with the Sheet Metal and Air Conditioning Contractors’ National Association to create a new online resource for building owners and operators to find the right workers to install heat pumps and making other important improvements to buildings.