The White House announced Wednesday that the Biden administration will spend $13.5 billion total to directly cover rapidly increasing household utility bills and help homes become more energy efficient ahead of the winter months.
The Department of Health and Human Services will give $4.5 billion to local governments to help low-income people pay their electricity bills which will increase further during the winter months due to natural gas shortages, according to a White House fact sheet. The Energy Department will also spend $9 billion on tax credits for households that buy heat pumps and insulate their homes to make them more “energy efficient.”
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