Harris to announce over $13 billion in assistance to help cut energy costs this winter

Vice President Kamala Harris will announce on Wednesday new steps the Biden administration is taking to help lower energy costs for Americans this winter.

The US

“In addition to covering home heating costs this winter and unpaid utility bills, the program will help families make cost-effective home energy repairs to lower their heating and cooling bills,” the White House said in a statement.

In the past year, LIHEAP has helped 5.3 million households across the United States with heating, cooling and weatherization, according to the White House.

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The US it. Department of Energy will also allocate $9 billion in funding from the Inflation Reduction Act to support up to 1.6 million households nationwide in upgrading their homes to reduce energy bills. This will be separated into two rebate programs: one for whole home energy efficiency retrofits and another for highly efficient and electric home appliances, according to the White House.

“In addition to lowering costs, energy-efficient and electric building and building upgrades can reduce indoor and local outdoor air pollution, improving health in our communities,” the White House said. “In addition, they will cut millions of tons of greenhouse gas emissions each year to help tackle climate change.”

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Harris will discuss the initiatives while visiting a union hall and training facility in Boston on Wednesday, according to the White House.

Almost half of US Energy Information Administration, an independent agency in the US.

The National Energy Assistance Directors Association, which represents the state directors of LIHEAP, said in a recent report that energy costs are expected to be the highest this winter in more than a decade. This comes amid soaring inflation rates, with US it. Consumer prices increased to a 40-year high 6.6% in September.

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There are a number of contributing factors, including a rebound in global energy consumption since the start of the COVID-19 pandemic, which has triggered price spikes, and Russia’s war in Ukraine after increasing prices and reducing supplies.

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