HOME STAR is proposed new legislation to create jobs in existing industries by providing strong short-term incentives for energy efficiency improvements in residential buildings. The program will move quickly, with a minimum of red tape, and will act as a bridge to long-term market development of existing industries. This initiative establishes a $6 billion rebate program to encourage immediate investment in energy-efficient appliances, building mechanical systems and insulation, and whole-home energy efficiency retrofits. HOME STAR will rapidly create jobs in both construction and manufacturing, while saving families money on their energy bills. It will build on current state programs and existing industry capacity for performing both retrofits and quality assurance, using federal standards and incentives as a common platform to lower program costs and increase consumer awareness.
Strong consumer incentives to drive market demand, combined with meaningful standards and incentives to ensure model business practices for installing efficiency measures and verifying energy savings, will ensure that the growing energy efficiency retrofit industry produces ongoing and measurable energy savings while putting Americans back to work in long-term jobs. This provision should also include targeted insulation product consumer incentives to stimulate broad exposure to energy efficiency measures, expand overall retrofit activity while stimulating manufacturing.
HOME STAR builds on existing policies and initiatives that have already demonstrated effectiveness and won widespread support from construction contractors, building products and mechanical manufacturers, retail sales businesses, environmental and energy efficiency groups and labor advocates. Organizations and businesses endorsing the HOME STAR approach include the following: