The Joe Biden administration has granted the United States‘ Department of Energy a 40 million dollar grant to help lower a household’s utility cost in the face of rising inflation.
The DOE will use 36.5m of the 40m dollars to 21 organizations through its Enhancement and Innovation Program (E&I). The remaining 3.5m will be given to five state weatherisation agencies via the Sustainable Energy Resources for Consumers (SERC) Program.
“Today’s funding from DOE doubles down on the Bipartisan Infrastructure Law’s 3.5 billion dollar investment in weatherisation by getting homes weatherisation ready, helping thousands of Americans save money on their utility bills, and developing the next generation of a clean energy workforce,” said US Secretary of Energy Jennifer M. Granholm in a press statement.
“Weatherisation is a great way to save hundreds of dollars on energy bills, but unfortunately aging electrical systems and structural complications keep homes in disrepair locked out of this money saving benefit.”
DOE Enhancement and Innovation Program
The E&I program is targeted to help homes located in disadvantaged communities upgrade their weatherisation and electrification infrastructure.
Recipients of the SERC will now have the ability to incorporate newer technologies including the likes of solar photovoltaic panels, geothermal heat pumps, cool roofs, or exterior wall panels, into energy retrofits.
These energy retrofits are ultimately aimed at improving a building’s efficiency while simultaneously conserving energy.
The press statement also indicates that the initiatives are aimed at boosting the economy as whole with good-paying jobs and workforce development and retention two indirect benefits of the programs.
The E&I also aims at partnering with trade schools, technical colleges, local governments, and other community-based organizations in order to bring better opportunities to these communities.
According to the press statement, these projects, which are funded through these initiatives will enhance the over 3b dollar investment in the president’s Bipartisan Infrastructure Law.
Energy bill credit
As well, thousands of Americans will be able to receive an energy bill credit of 500 dollars as inflation and other factors continue to force costs to rise. Some states are even offering inflation relief.