Search
Close this search box.

Biden Giving Billions in Federal Money to Help Lower Home Heating Costs

FILE - A fuel delivery truck advertises its price for a gallon of heating oil, Oct. 5, 2022 in Livermore Falls, Maine. The Biden administration said Wednesday it would make $4.5 billion available to help lower heating costs this winter through a low-income home energy assistance program. The funds will go to heating and utility bill costs, and will also be available to help families make home energy repairs aimed at lowering costs, the White House said. (AP Photo/Robert F. Bukaty, File)

The Biden administration said Wednesday it would make $4.5 billion available through a low-income home energy assistance program to help lower heating costs heading into what is expected to be a brutal winter.

The money, which comes partly from President Joe Biden’s economic rescue plan, will go to heating and utility bill costs, and can be used to help families make home energy repairs, the White House said.

The announcement comes in the waning days before the Nov. 8 election. Democrats are trying to contrast their efforts to help middle and low-income people through Biden’s major infrastructure deal and other legislative measures with Republican suggestions they would use the debt limit as leverage for cuts to Social Security and Medicare benefits and other federal programs.

Across the country, families are looking to the winter with dread as energy costs soar and fuel supplies tighten.

The Department of Energy is projecting sharp price increases for home heating compared with last winter. Some worry that heating assistance programs will not be able to make up the difference for struggling families. The situation is even bleaker in Europe, with Russia’s continued curtailment of natural gas pushing prices upward and causing painful shortages.

The Energy Department will allocate $9 billion for states and tribes for a rebate program aimed at supporting energy upgrades to 1.6 million households over the next 10 years, the White House said. Homes will be better protected against the weather and some 500,000 new heat pumps will be installed.

(AP)



One Response

  1. 1. Those are subsidies to pay the higher costs.
    2. It will just cause more inflation, which will make the heating costs go up.
    3. To lower heating costs, they need to encourage drilling (and building infrastructure) for carbon based fuels including coal, natural gas, and petroleum. Instead the Democrats announce they plan to close down those industries, which discourages investment in them, which leads to shortages.

Leave a Reply


Popular Posts