Cash for Caulking
by Tyler on 12/09/09
President Obama proposed a program that would reimburse homeowners for installing energy-efficient appliances, windows, and insulation. Under the so called “Cash for Caulking” program, homeowners would get a 50% rebate on items like energy efficient air conditioners, heating systems, washing machines and dryers, refrigerators, replacement windows, and insulation up to $12,000. There will likely be no income restrictions and this would mean if a household spent $24,000, they would get $12,000 back.
Of course, there is a lot to be worked out, but the US government is really pushing the green campaign. The concept is like the Cash for Clunkers program back in early summer of 2009, trying to get consumers to help the economy while being energy efficient by cutting future energy bills and reliance on fossil fuels.
