Big news! Home Star (a.k.a. Cash for Caulkers) fact sheet released by the White House

Here is the link to the fact sheet presented by the White House on Cash for Caulkers. Finally!

We’ve been waiting for this for a while. We are still interested to find out exactly how this will all go down, but the basics of the program (cut and pasted directly from the fact sheet) seem pretty good:

  • Rebates delivered directly to consumers: Like the Cash for Clunkers program, consumers would be eligible for direct HOMESTAR rebates at the point of sale for a variety of energy-saving investments in their homes. A broad array of vendors, from small independent building material dealers, large national home improvement chains, energy efficiency installation professionals and utility energy efficiency programs (including rural utilities) would market the rebates, provide them directly to consumers and then be reimbursed by the federal government.
  • $1,000 – $1,500 Silver Star Rebates: Consumers looking to have simple upgrades performed in their homes would be eligible for 50% rebates up to $1,000 – $1,500 for doing any of a straightforward set of upgrades, including: insulation, duct sealing, water heaters, HVAC units, windows, roofing and doors. Under Silver Star, consumers can chose a combination of upgrades for rebates up to a maximum of $3,000 per home. Rebates would be limited to the most energy efficient categories of upgrades—focusing on products made primarily in the United States and installed by certified contractors.
  • $3000 Gold Star Rebates: Consumers interested in more comprehensive energy retrofits would be eligible for a $3,000 rebate for a whole home energy audit and subsequent retrofit tailored to achieve a 20% energy savings in their homes. Consumers could receive additional rebate amounts for energy savings in excess of 20%. Gold Star would build on existing whole home retrofit programs, like EPA’s successful Home Performance with Energy Star program.
  • Oversight to Ensure Quality Installations: The program would require that contractors be certified to perform efficiency installations. Independent quality assurance providers would conduct field audits after work is completed to ensure proper installation so consumers receive energy savings from their upgrades. States would oversee the implementation of quality assurance to ensure that the program was moving the industry toward more robust standards and comprehensive energy retrofit practices.
  • Support for financing: The program would include support to State and local governments to provide financing options for consumers seeking to make efficiency investments in their homes. This will help ensure that consumers can afford to make these investments.
  • It’ll be interesting to see what’s required of already certified, licensed BPI analysts and HERs Raters. Hopefully not much more than what they’ve already done. A national standard exists – there’s no need to reinvent the wheel.
    No matter what you think about Obama, the stimulus program, or government spending, there’s no doubt that this program has massive potential for companies like ours. If this goes into effect anytime in the next couple of months by the years’ end we could see tripling or quadrupling our workforce, for sure. Good for us and good for potential employees. Especially good for homeowners who want to make long-term changes in their homes’ energy efficiency!

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    Contact us:

    Mark Bashista, Owner/Lead Auditor
    Triangle: (919) 360-1570
    Triad: (336) 549-1689 mark@homeperformancenc.com
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    Durham, NC 27713
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    P.O. Box 215
    Pittsboro, NC 27312

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