Cash for Caulking This is a rather new item that few people have heard about. We thought it interesting and felt it was something you should know about. President Obama has proposed a program that would reimburse homeowners for installing energy-efficient appliances, windows, and insulation.
Under what has been dubbed "Cash for Caulking," homeowners would get a 50 percent rebate on items like energy-efficient air conditioners, heating systems, washing machines and dryers, refrigerators, replacement windows, and insulation up to $12,000, meaning a household could spend $24,000 and get $12,000 back. There will likely be no income restrictions.
There has been speculation about how this program would pay the rebate - some have suggested that when you purchase an item covered under this program, that you'd only have to lay out 50% the amount of the cost and the retailer would get the other 50% from the government.
Cash for caulking could be a winner - lets hope it becomes more than a proposal!
Bob & Richelle Ward, Realtors, ABR
Prudential Connecticut Realty
Cell - (203) 470-9818