'Cash for caulkers' was a bust
Traditionally when trading in your vehicle for a new one, your used car becomes someone’s new car. With the cash for clunkers program, your vehicle will unfortunately never see the road again. The dealer that took your trade and sold you that new car is required to destroy your car’s . May 06, · "Cash for Caulkers" Bill Passes House May 6, / PM / AP Homeowners could collect thousands of dollars in Cash for Caulkers rebates for .
Cash for caulkers is the newest cash incentive for consumers. The goals of the cash for caulkers program, or the Homestar program, are to create jobs and save on energy bills. Details on the rebates for renovating your home fot the homestar program include:. The cash for caulkers program is different than the energy efficient tax credit ending this year. Next up, a vote in the Senate.
Until then, hold off on the home improvement projects! Print Email 2 Comments. I made an appointment yesterday with my electric company to discuss this very matter. We scheduled a date for them to come out and go over my home. I am hoping to also get the eye of a remodling company who might be interested in a redo for some type of similar program.
I am looking forward to the walk thru as I want to update things anyway and any help I can get on this front will make me finally jump in and do this. Great news is that my home is tiny so it should not be much how much to charge for website for whoever takes on the bids.
Good luck with your remodeling Jenna! Your email address will not be published. Advertiser Disclosure. About Archives Contact. Cash for Caulkers. Posted by Madison on May 7, 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. Sorting out the Energy Programs The cash for caulkers program is different than the energy efficient tax credit ending this year.
Comments to Cash for Caulkers I made an appointment yesterday with my electric company caukkers discuss this very matter. Click here to cancel reply.
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Maybe think twice before adding new home insulation.
Reprints. Follow @TIME. The Federal Government estimates , vehicles have already sputtered off the roads and into dealers' lots as part of its cash-for-clunkers program, in which consumers. May 07, · Cash for Caulkers Details on the rebates for renovating your home with the homestar program include: $1, – $1, Silver Star Rebates: Consumers looking to have simple upgrades performed in their homes would be eligible for 50% rebates up to $1, – $1, for doing any of a straightforward set of upgrades, including: insulation, duct sealing, water heaters, HVAC units, .
Homeowners could collect thousands of dollars in Cash for Caulkers rebates for renovating their homes with better insulation and energy-saving windows and doors under a new economic stimulus bill the House passed Thursday.
Republicans overwhelmingly opposed the bill, and they were able to attach a condition that it would be terminated if Democrats do not come up with a way to pay for it. The measure has come to be dubbed Cash for Caulkers, a takeoff on the popular Cash for Clunkers initiative that rewarded people for replacing gas-guzzling vehicles with more fuel-efficient models.
That credit for energy efficiency improvements runs through the end of this year. They said it would create , jobs, mainly in the recession-hit construction industry. Republicans were more skeptical, saying the price tag was too high at a time of mounting federal debts. Joe Barton of Texas, top Republican on the energy committee. Democrats argued that the issue of paying for the legislation will come later in the budgetary process, when Congress approves annual spending bills.
Republicans succeeded at the end of the debate in altering the bill to say it will be terminated if it is found to drive up the federal deficit, a provision that will force Democrats to come up with an offset. The Republicans also were able to alter the legislation so that the rebates would go directly to homeowners. In the original version, homeowners were to receive a discount or rebate from a retailer or contractor, who then would apply for payment from the government.
Waxman said Republicans picked up Democratic votes for that final GOP motion - of voting Democrats backed it - by including several "gimmicks" that could be used against lawmakers in future elections, such as a provision that contractors in the program must ensure that they don't have sexual predators on their payroll. He said some of the GOP-backed changes would be dealt with when the House and Senate work out a final version. In debate on the bill, Republicans questioned whether the government can run the rebate program fairly and effectively.
The Cash for Clunkers program, too, had some problems. An Associated Press study last November found that the program was commonly used by people turning in old pickups for new trucks that got only marginally better gas mileage. Under Home Star, rebates or discounts would be provided to homeowners at the time of sale. The retailer or contractor then would submit documentation to a processing office which would verify the information and forward the request to the Energy Department for payment.
To prevent fraud, the program would require licensing for all participating contractors and a certain percentage of projects would be inspected.
With House passage, the bill moves to the Senate, where it most likely will be attached to the next jobs bill. Chrome Safari Continue. Be the first to know. Get browser notifications for breaking news, live events, and exclusive reporting.