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Hollen Hosts Rally with Mfume, Mayor Scott, President Ferguson, Maryland Workers, Homeowners, and Advocates to Highlight Inflation Reduction Act Provisions to Lower Energy Costs, Create Jobs, & Combat Climate Change | U.S. Senator Chris Van H – Senator Chris Van Hollen

August 16, 2022

Van Hollen-authored provisions included in landmark…….

August 16, 2022

Van Hollen-authored provisions included in landmark bill

On Monday, U.S. Senator Chris Van Hollen (D-Md.) was joined by Congressman Kweisi Mfume (D-Md.), Baltimore Mayor Brandon Scott, Maryland Senate President Bill Ferguson as well as Maryland homeowners, workers, healthy housing and climate advocates, and state and local officials in Baltimore to highlight the passage of the Inflation Reduction Act and key provisions the Senator secured from his HOPE for HOMES legislation which will help homeowners make energy efficiency upgrades to their homes and cut their monthly energy costs. During the event, the Senator discussed how these provisions will stimulate the energy efficiency market to create jobs and support suppliers, invest in workforce training for this crucial industry, and combat the climate crisis by promoting clean, energy efficient technology. Having passed both the Senate and the House last week, the Inflation Reduction Act is expected to be signed by President Biden later today.

“Too many Americans face monthly home energy bills that strain their pocketbooks. That’s why I authored the HOPE for HOMES Act, a common-sense bill to lower home heating and cooling costs while creating jobs and tackling the ongoing climate crisis. I am pleased to report that we included key parts of this bill in the Inflation Reduction Act, including measures to provide consumers with large rebates to help them pay the upfront costs of making their homes more energy efficient. Those home improvements are projected to save homeowners up to $750 every year on their energy bills. This measure is a win-win-win: it will save homeowners money, generate more good-paying jobs, and help confront the climate crisis by reducing greenhouse gas emissions. I was proud to stand alongside Maryland homeowners and workers who are set to benefit from this historic victory and celebrate our efforts to get this transformative legislation across the finish line,” said Senator Van Hollen.

Today, Marylanders spend, on average, $260 on gas and electricity every single month. Homeowners can lower their energy bills by upgrading their appliances and …….

Source: https://www.vanhollen.senate.gov/news/press-releases/van-hollen-hosts-rally-with-mfume-mayor-scott-president-ferguson-maryland-workers-homeowners-and-advocates-to-highlight-inflation-reduction-act-provisions-to-lower-energy-costs-create-jobs-and-combat-climate-change

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