Boosting Renewable Energy and Energy Efficiency in the US
This act aims to boost the production and use of renewable energy in the U.S., potentially lowering electricity bills and improving air quality. It provides financial support for companies manufacturing renewable energy technologies and focuses on creating well-paying jobs, especially in underserved communities. Additionally, it promotes the installation of heat pumps in the public sector and weatherization of private homes.
Key points
Investments in Renewable Energy Production: $100 billion for developing domestic manufacturing of renewable energy and energy efficiency system components, aiming to create new jobs and reduce reliance on foreign suppliers.
Community Support: At least 40% of funds will be invested in environmental justice communities to improve living conditions and lower energy costs.
Public Heat Pumps: $10 billion for procuring and installing public heat pumps, which can reduce heating and cooling costs and lower emissions.
Labor Rights Protection: Entities receiving funds must adhere to high labor standards, including prevailing wages and unionization rights.
Weatherization Assistance: $3 billion annually for weatherization assistance programs to help reduce energy bills.
Expired
Additional Information
Print number: 117_HR_7439
Sponsor: Rep. Bush, Cori [D-MO-1]
Process start date: 2022-04-07