Energy efficiency funds stream out of DOE
Today, Vice President Joe Bidden and Energy Secretary Steven Chu allocated $8 billion from the stimulus package for weatherization, the funds are expected to create 87,000 jobs.
According to the DOE, $1 invested returns $1.65 in energy-related benefits, including lower energy bills. A home that’s “weatherized” can save some $350 per year on energy bills, the Obama administration says.
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