Everyone has heard about the recent debt deal debates between Congress and the White House, but what does it all mean for Home Performance and clean energy programs as a whole? The debt deal includes up to $2.4 trillion in spending cuts over the next decade, but the deal’s specific impacts on energy programs remain unclear.
What we do know it that Weatherization, State Energy Programs, and DOE’s dept of Energy Efficiency and Renewable energy are under fire for deep cuts in next year’s budget (click here and take action to protect energy efficiency funding). It is important the policymakers remember the energy efficiency saves consumers money that stays in the economy while home improvements creat contracting and manufacturing jobs. Cuts to residential efficiency programs are shortsighted non-solutions to long term problems.
Strong Voice in DC for Home Performance
Over the next several months — and likely the next couple of years — Congress and the White House will be identifying spending priorities. And as the voice of Home Performance companies, Efficiency First will be there, advocating for policies that will boost industry growth, create jobs and deliver energy savings to households across America.
Priorities for policies that support energy efficient promotion, sound spending on good energy efficiency home performance initiatives and common-sense tax policy to provide credits for quality home improvements are on the Efficiency First agenda.
Moving Forward at State and Local Level
Some of the work of ensuring efficient and sustainable energy use will likely continue to shift to state and local governments, some of which have begun to put building blocks in place for growing energy efficiency industries, including utility rebate programs in California, Illinois and many other areas, a statewide on-bill financing program in New York, a new green infrastructure bank in Connecticut and many other examples.
State programs such as these have the potential to expand clean energy and adoption of energy efficiency measures while creating local green jobs and promoting economic development. They also open opportunities for technology innovation projects and workforce training. According to a report from the Brookings Institution, clean energy has been one of the fastest growing sectors in the past ten years. However, many energy and technology research programs throughout the country may face difficulties because of the federal spending cuts.
As debates over funding continue, Efficiency First will continue to advocate for the priorities of the Home Performance industry. We’re already seeing signs that some members of Congress are interested in pursuing job growth initiatives that include Home Performance industry priorities. Stay tuned for more — we’ll keep you informed as everything moves forward.
For two related articles click here and here.