Posts Tagged ‘Home Star’

Home Star Retrofit Act of 2010

June 28th, 2010

Now that the U.S. House of Representatives has passed HR5019, the Home Star Energy Retrofit Act of 2010 that pays people to improve their homes, it’s closer to realization. The legislation must still pass the Senate and be signed by the President to become law, but it looks like it should pass.

The Home Star Energy Retrofit Act of 2010 is the “cash for caulkers” program presented by President Obama.

Also known as the Home Star program, it is geared toward increasing the market for home energy improvements, providing rebates to homeowners who install energy-saving products, such as energy-efficient replacement windows and doors and more efficient HVAC systems.

I’m torn whether I want this program to become a law. On the one hand, as a homeowner, I would love the rebate for money I spend on improving my home’s energy efficiency. Not only do I get the rebate, but I will most likely lower my electric and fuel bills as well. That’s a home run!

But, what this is going to do, is create a million “home energy experts” that want to get in on the craze, and the easier sales pitch as a percent of the spend gets rebated. Many companies that weren’t viable before as home energy saving companies, will now be propped up by creating a marketplace where sales are easier, and it will take a savvy homeowner to recognize the difference.

So I’m torn. Most likely the Home Star program will pass and I’ll hire a company to do some energy upgrades because with the rebate and the presumed cost savings to electric and fuel bills makes a lot of sense. As a homeowner, and hopefully educated consumer, it will simply be up to me to identify the experts that will provide the best services to improve my home’s energy efficiency and lower my electric and fuel bills, and to watch out for the snake-oil sales pitch.

I’m going to have to get a set of questions to ask to be able to identify the experts from the johnny-come-latelies.

For a Fact Sheet on the HomeStar program visit the White House blog.