skip to main content
skip to newscasts

Monday, December 23, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Suspect held after woman set on fire in NY subway car dies; Trump threatens to take back Panama Canal over 'ridiculous' fees; A year of growth for juvenile diversion programs in SD; The ups and downs of combating rural grocery deserts in ND; Report: AZ one of eight Western states that could improve conservation policies.

view newscast page
play newscast audioPlay

Congress passes a last-minute budget stopgap. Trump's second-term tariffs could harm farmers, and future budget cuts could reduce much-needed federal programs.

view newscast page
play newscast audioPlay

Rural folks could soon be shut out of loans for natural disasters if Project 2025 has its way, Taos, New Mexico weighs options for its housing shortage, and the top states providing America's Christmas trees revealed.

Experts: Biden’s Build Back Better Act Could Help Consumers Save on Energy

play audio
Play

Thursday, November 18, 2021   

CHARLESTON, W.Va. -- Energy experts say the expanded rebates and tax credits proposed in President Joe Biden's Build Back Better Act could potentially save consumers up to $500 a year on household energy costs.

House Democrats said they are intent on passing Biden's comprehensive climate and social-spending package this week.

Elgie Holstein, senior director for strategic planning at the Environmental Defense Fund, said the bill is expected to help bring down the cost of electricity by strengthening the nation's electrical grid.

"So that we have more efficiency and less loss of energy and electricity," Holstein explained. "That will mean lower cost for utilities, and lower cost for consumers over a period of years."

According to 2020 research by the American Council for an Energy-Efficient Economy, low-income, Black, Hispanic and Native American households nationwide typically spend a greater portion of their income on energy bills compared with the average household. Opponents of the Build Back Better Act, including Sen. Joe Manchin, D-W.Va., argued the plan is too expensive, would increase taxes, and does not address inflation issues.

Holstein agreed consumers and lawmakers are right to be concerned about inflation, but he believes investing in clean energy and the nation's infrastructure will help alleviate spikes in the cost of food, gas and consumer goods.

"Both the Build Back Better bill and the infrastructure legislation that the president has signed into law, both of them will have the impact of bringing down inflation over time," Holstein asserted.

Holstein also pointed out federal rebates for more efficient home appliances such as furnaces, water heaters and HVAC systems will mean homeowners will spend less on utilities.

"The rebates, which you'll be able to cash in on right at the appliance dealer, will enable you to make a purchase of some of the newest, most energy-efficient appliances that over the long term are going to save hundreds of dollars for the people who are able to take advantage of this new program," Holstein contended.

According to the Biden administration, the Build Back Better Act includes grants and loans to specifically help rural residents tap into clean-energy opportunities. The bill also would cut the cost of installing rooftop solar for a home by around 30%, and the electric vehicle tax credit will lower the cost of an electric vehicle by more than $12,000.

Disclosure: Environmental Defense Fund contributes to our fund for reporting on Energy Policy, Environment, Environmental Justice, Health Issues. If you would like to help support news in the public interest, click here.


get more stories like this via email
more stories
The Federal Trade Commission reported older adults are less likely to report scams than those ages 18-59. Because the majority of fraud cases are not reported, the commission estimates national losses last year alone may be as high as $61.5 billion. (fizkes/Adobe Stock)

Social Issues

play sound

The holidays are the busiest time of the year for many people, including scammers. Oregonians lost $136 million to holiday shopping scams last year…


Environment

play sound

Across Pennsylvania and other northern U.S. states, climate change -- from burning oil, coal and methane gas -- is increasing the number of winter …

Social Issues

play sound

The Internal Revenue Service will be in the crosshairs in the second Trump administration, as the president-elect's recently announced choice to run …


Millions of families across the U.S. depend on home-based child care, with over 750,000 children enrolled in these programs, often because parents consider them more flexible than traditional child care centers. (Adobe Stock)

Social Issues

play sound

Alabama is part of a national program aimed at diversifying early childhood education. The Enriching Public Pre-K Through Inclusion of Family Child …

Social Issues

play sound

West Virginia schools' reliance on zero-tolerance policies are driving more kids into the juvenile justice system - with lifelong consequences…

Critics argue Florida's book removals limit access to important information. At the same time, state officials insist they ensure only age-appropriate materials remain in schools, rejecting claims of outright bans as a "hoax." (Adobe Stock)

Social Issues

play sound

Recent changes to Florida's education laws have removed information on consent, contraceptives and prenatal development from many health lessons at …

Health and Wellness

play sound

If you find yourself in a less than festive mood this holiday season, you are not alone. In Wisconsin, the recent school shooting tragedy in Madison …

Environment

play sound

By Jennifer Oldham for Civil Eats.Broadcast version by Eric Galatas for Colorado News Connection reporting for the Solutions Journalism Network-Public…

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021