STATEMENT: CAP’s Trevor Higgins Praises White House Actions to Lower Energy Costs
Washington, D.C. — Today, the Biden administration announced funding for three home energy programs that will help families pay their energy bills and encourage energy efficiency upgrades. This includes funding to states for a new energy-efficient appliances rebate program, passed in the Inflation Reduction Act, that covers the full cost of appliances for low-income households. Today’s announcement requests public input on how the U.S. Energy Department can best use the $250 million allocated under the Defense Production Act to support the manufacturing of heat pumps. And it releases funding for the Low-Income Home Energy Assistance Program, which provides federal assistance to help low-income households pay their energy bills and weatherize their homes.
In response, Trevor Higgins, acting senior vice president for Energy and Environment Policy at the Center for American Progress, issued the following statement:
Today’s announcements show the Biden administration is already making good on the Inflation Reduction Act’s down payment to slash energy costs for families. At a time when gas and home heating prices are high, these three programs are pivotal to increasing energy efficiency, reducing indoor air pollution, and cutting costs on energy bills across the board.
These programs are also targeted to help low-income families, underscoring for many who face a greater energy burden that a transition to clean energy means lower costs, too. It’s very encouraging to see the Biden administration taking swift action to get investments out the door and turbocharge our transition to a clean energy economy.
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