There has been much ado about energy efficiency in Congress recently, but so far there’s nothing to show for it.
On June 12, we wrote about the Rural Energy Savings Program (RESP), which could help millions of residential electricity customers across the United States access low-cost financing for improving the energy efficiency of their homes, leading to substantial savings on their electricity bills. This in turn would lower electricity costs for all residential customers while bolstering local economies and promoting the expansion of the energy services industry (read: jobs).
At the time, RESP had been passed through the U.S. Senate as part of the Senate Farm Bill, and we were awaiting the House to pass it’s own bill, which did not include RESP. The next step would be to ensure that RESP survived the conference committee where the two versions were brought together and a final Farm Bill was agreed upon between the two chambers. However, since our last post on this issue, the House failed to pass a Farm Bill at all and has now split the bill into two separate bills, complicating the whole process.