May
13
First it was Cash for Clunkers, then Cash for Appliances, and now “Cash for Caulkers” aims to boost the home construction sector as the next significant economic stimulus proposal to provide rebates and encourage home energy efficiency. Lawmakers in the House approved a $6 billion measure to reimburse homeowners up to 50% rebates on the cost of installing energy-efficient appliances and retrofit projects.
Formally known as the Home Star Energy Retrofit Act, “Cash for Caulkers” is a crowning piece of Obama’s strategy to create jobs and strengthen the economy. Homeowner