Cash for Caulkers plan for the first time involves the ordinary Americans directly in a bid to rejuvenate the sagging economy of the country. Introduced by the American President, the cash for caulkers plan proposes to provide rebates of up to three thousand dollars to those home owners willing to make their homes more energy efficient. For the home owners, the plan works at two levels.
The first level involves home owners making simple changes to their homes like insulation, sealing ducts, air conditioning units, etc in order to become eligible for a rebate of up to fifteen hundred dollars. The second level involves home owners going in for a comprehensive retrofit, thereby increasing the energy efficiency levels of their homes. Such people will become eligible for rebates of up to three thousand dollars. According to the many energy experts, this plan is seen as stimulus for home owners to make their homes more energy efficient as it saves up to twenty percent by way of energy bills.
On the economic front, the cash for caulkers plan is expected to provide the much needed thrust to building and construction industry as well as those manufacturing units associated with this industry. For the job market, this plan is seen as a very positive one since there is a need for skilled and semi skilled professionals for retrofitting American homes.
Lastly, the best thing about the cash for caulkers plan is that it something for every stakeholder. Many experts believe that this plan will go a long way in reviving the country’s sagging economy.
