This is an excerpt from EERE Network News, a weekly electronic newsletter.
President's Budget Provides $17.6 Million to Weatherize Homes in Iowa, New Hampshire, and Wisconsin
DOE released further details about President Bush's proposed budget for fiscal year (FY) 2004 in early February, noting that the budget includes a total of $17.6 million in Weatherization Assistance Program funds for Iowa, New Hampshire, and Wisconsin. The proposed budget includes $5,889,006 in weatherization funds for Iowa, $1,859,922 for New Hampshire, and $9,841,518 for Wisconsin. See the DOE press releases for Iowa, New Hampshire, and Wisconsin.
President Bush's budget includes a total of $288 million for DOE's Weatherization Assistance Program. Although the fiscal year 2003 budget has not yet been finalized, the figure represents an increase of $11 million over the President's request for fiscal year 2003. The increased budget should allow energy efficiency improvements to 126,000 homes of low-income families, saving each an average of about $218 per year on utility bills. For every dollar spent, the Weatherization Assistance Program returns $1.83 in energy savings over the life of the weatherized home, based on current energy prices. See the Weatherization Assistance Program Web site.