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Michigan Saves Home Energy Loan Program Increases Loan Cap to $20,000
May 26, 2011 - (RealEstateRama) -- The Michigan Public Service Commission (MPSC) today noted that the Michigan Saves Home Energy Loan program will be increasing its loan cap from $12,500 to $20,000, effective June 1. The higher loan cap will eliminate a barrier for consumers who want to invest in deep energy efficiency for their home, and will give a greater boost to those who want to purchase solar photovoltaic systems.
House Approves Incentives for Home Energy Renovations
Washington D.C. - May 7, 2010 - (RealEstateRama) -- The House of Representatives approved legislation to provide rebates and loans for home energy efficiency improvements. The Home Star Energy Retrofit Act passed by a bipartisan vote of 246 to 161. The legislation must now be considered by the US Senate.“Utility bills are the second highest cost of home ownership today, exceeded only by the mortgage payment. The Home Star bill will lower homeowners’ monthly utility bills and also create jobs, stimulate domestic manufacturing, and strengthen U.S. energy security,” said Rep. Levin. “Providing up-front rebates to consumers to increase their homes’ energy efficiency is one of the most effective steps we can take to create jobs, save energy, and help homeowners save money.”
$2.7 Billion Released for Home Energy Assistance
Washington D.C.) - October 26, 2009 - (RealEstateRama) -- The Department of Health and Human Services announced the release of $2.7 billion in grant funding for the Low Income Home Energy Assistance Program (LIHEAP) . The funding, which is for the remaining months of the year, will be used to help eligible families pay the costs of heating and insulating their homes this winter
