$3Billion For Energy Efficiency in California
This giant leap in funding could jump-start the new low-carbon economy in California; helping grow all the businesses that create cutting edge efficiency in cooling and heating, lighting, building materials, windows, insulation, appliances and smart grid technologies that reduce energy use.
Some example of uses of the funding include:
- Municipalities would get funding so they could offer low-cost financing for energy efficiency improvement projects within the city.
- Apartment complexes would get rebates to upgrade appliances with energy efficient replacements.
- For all new buildings, builders or homeowners would get money for incorporating 15% better energy savings than is already required by California’s stringent Title 24 Energy code. To do this they would need to incorporate cutting edge efficiency in windows, insulation, lighting and more efficient water heating and cooling systems.
- Retailers would get funding to bring down the cost of LED and CFL lighting, and more efficient computers and TVs.
- Homeowners would get direct rebates for highly efficient appliances like Energy Star refrigerators, washers and dryers; and rebates for recycling old appliances.
[Read More via CleanTechnica]