Tuesday, March 02, 2010

Obama Speaks in Georgia on Homeowner Energy Rebates March 1

Updated with video below.
Obama will speak at 12:30 pm eastern. It will be live streamed at WhiteHouse.gov and maybe at msnbc.com. While he's there he'll tour the Savannah Technical College and a local manufacturing facility. Read Obama's Homestar program.
Homeowners could receive instant rebates up to $3,000 for making their houses more energy efficient under a program President Barack Obama planned to reveal Tuesday in Savannah.

Obama has been pushing his "Homestar" energy improvement program since last year. After touring Savannah Technical College at noon and speaking to students learning how to install insulation, solar panels and high-efficiency heating and air conditioning systems, he was expected to provide new specifics on the planned program.

Among them:

*Homeowners could be eligible for $1,000 to $1,500 in "Silver Star" rebates for relatively small upgrades, such as installing insulation or new water heaters or replacing leaky windows or doors.

*Homeowners could get up to $3,000 in "Gold Star" rebates if they make more comprehensive energy upgrades that reduce the energy usage of their home by at least 20 percent.

*Contractors, home improvement companies and retailers would give the rebates to homeowners at the point of sale, and would be reimbursed later by the government.

More at AJC

Obama tours Savannah Technical College: