President Obama spoke Tuesday at Savannah Technical College in Savannah, Georgia. (PHOTO CREDIT: Getty Images)
Savannah, Georgia (CNN) - President Barack Obama highlighted an administration initiative Tuesday designed to provide incentives for homeowners to retrofit their homes in a more energy-efficient manner.
The Home Star program, which was first outlined in the president's State of the Union address, would provide rebates to homeowners of up to $3,000 for making energy efficient improvements to their houses. Customers would be eligible for direct rebates at the point of sale, according to the White House.
"This is a commonsense approach that will help jump start job creation while making our economy stronger," Obama said in a speech at Savannah Technical College. "It's what's right to plan for our future."
Among other things, the program would provide 50 percent rebates of up to $1,500 for simpler upgrades such the installation of better insulation, duct sealing, water heaters, windows, doors and roofing.
The $3,000 upgrade would be reserved for more comprehensive retrofits that include a whole home energy audit and retrofit designed to achieve 20 percent energy savings.
The White House has predicted that between 2 million and 3 million homeowners will participate in the program. Obama said Tuesday the program also will help cut the construction industry's 25 percent unemployment rate.
I would really like an energy efficient home if I only had a job to pay for it.
More taxpayer money for things that citizen can do themselves. Obama is going to drive this country's economy into the ground.
I put in insulation and new windows without any government assistance. It is possible.
Kinda sucks I upgraded last year because I thought it was the right thing to do, Now people get a rebate for what I already thought what was right kinda a laim program just like cash 4 clunkers
Obozo cities running amuck!
Al Gore ought to make out like a bandit if he ever tries to make his energy pig of a house more efficient. Just gotta wonder how he plans on paying for yet another rebate program?? When is he going to give a rebate to people who pay their bills/taxes and don't suck from the system.
Obama seems to forget that you have to have money to make the "improvement" in the first place, in order to get the rebates. Either he is a socialist out to ruin the country or he has some very bad advisors.
These homes will be very energy efficient...SINCE NO ONE HAS JOBS TO LIVE IN THEM. Unemployment will be forever higher until we get out of debt!! Stop spending now.
Rebate = tax money, again from the pockets of taxpayers.....what an inexperienced Jack ass this guy is.....spend, spend, spend....he really hates this country.
Why are we paying people to buy new cars, houses and make their homes energy efficient? Stop with these ridiculous programs that cost the tax payers a fortune.
I bet this will work about as good as Obama's Mortgage Relief Program. I have lost my house and my job, Obama has done nothing to help the jobs market, and his mortgage help plan has failed miserably, and all Obama wants to do is pass health care, which the majority of americans don't want. What is wrong with this guy? He is so out of touch with real americans. I voted for Obama, and what a mistake it was.
Great,NO jobs;but,stay home to an energy efficient home.Is he,Obama,going to avoid jobs and just hope they reappear.How much will this plan cost,kinda like cash for clunkers the tax payers had to pay for.Stop this president ,he is bankrupting America.
Obama highlights throwing more of your money down the drain on these worthless rebate programs. 2012 can't come soon enough to correct the great mistake of 2008.
Is it now a right tthat we should all have energy efficient homes?
Obama doesn't get it. You can't reduce environmental destruction, unless you reduce the "destructors".
Cut human populations, world wide, or face the music, in the not too distant future.