Commodities and Futures News

Biden administration seeks to cut U.S. home energy bills with $4.5 billion savings package

2022.11.02 06:03



© Reuters. Utility poles lead to downtown Dallas during a heat advisory due to scorching weather in Dallas, Texas, U.S. July 12, 2022. REUTERS/Shelby Tauber

(Reuters) – The Biden administration will offer Americans nearly $4.5 billion in assistance to help lower home energy costs, the White House said on Wednesday.

The package, announced by the Department of Health and Human Services through the Administration for Children and Families, will also help families make cost-effective home energy repairs and cover unpaid utility bills, the statement said.

Separately, the Department of Energy announced a near $9 billion package for new home efficiency programs administered by tribes and states, the statement added.



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