WASHINGTON, DC-As the US Senate and House struggle to marry their differing economic recovery bills, proper funding of energy efficiency programs shouldn’t be lost, says the Alliance to Save Energy (ASE).

The Alliance–a non-profit coalition of business, government, environmental and consumer leaders that promotes energy efficiency–is “encouraged” by the passage of the Senate bill, which allocates $30 billion to energy efficiency, according to a statement. “The Senate bill would pump substantial Federal dollars into energy efficiency programs that return many times their original level of investment to taxpayers in the form of energy savings and new jobs, not to mention important environmental benefits,” says Alliance President Kateri Callahan.

Though the Senate bill offered more for energy efficiency research and development, the House bill overall was better, ASE says. The House version allocated $50 billion for energy programs, including: $6.2 billion for the Weatherization Assistance Program, versus the Senate’s $2.9 billion; $3.4 billion for the State Energy Program; versus the Senate’s $500 million; $300 million in Energy Star appliance rebates; $500 million for waste energy recovery incentive grants; and $100 million for grants and loans for combined-heat-and-power and waste-heat-recovery technologies, missing in the Senate bill.

The Alliance also has called for funding missing in both bills, including $100 million to enlarge the EPA Energy Star program. “So while there is much to like in the Senate-passed economic recovery bill, we look to the conference committee to resolve important differences with the House on energy efficiency provisions,” Callahan says in the press release.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.