The energy required to heat, cool, and power American homes makes up about a fifth of all greenhouse gas emissions the United States produces every year. And, even as the nation transitions to renewable energy and buildings grow more efficient, the housing sector is not changing fast enough to meet the nation’s climate targets. At the same time, a growing number of Americans — some 20 million people as of 2022 — are falling behind on their utility bills.
On Thursday, the Department of Energy took aim at both of those issues, announcing the Biden administration’s goal of cutting the cost of home decarbonization in half and slashing household energy costs at least 20 percent by the end of the decade.
“Every American deserves to live in a home with affordable, clean, reliable power,” said energy secretary Jennifer Granholm in remarks prepared for the announcement. Energy savings, she said, “means real money back into the pockets of hard-working Americans.”
The effort will focus on spurring cheaper ways... Read more