Tuesday, August 31, 2010

Home Star....It makes sense!

  I am not a big fan of our political climate right now or the folks in charge. However, there is one stimulus program in the legislative pipeline that does make sense to me. Home Star is an expanded version of the current $1500 tax credit for doing energy renovations to your home.
  Home Star passed the house in May 2010 and has been in and out of repackaged legislation before the Senate for a vote. But, Republicans and some Democrats have been holding out because they want their pork too. The bottom line is this legislation is the first thing I've seen that makes sense in stimulating the economy. It allows homeowners to get up to 50% of a wide range of energy renovation projects back in an instant rebate up to $8,000.00. In addition, It's estimated to create over a 168,000 new jobs within 18 months of coming on line.    So, Home Star can put $6 billion dollars into homeowners hands over the next 24 months, lower their energy bills by 20-40% and create green jobs! What's other programs are doing this win win? any way you slice it money is getting back into the economy. For more information visit www.bpi.org see you next week!

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