Strange Bedfellows Back Bill Using Mortgages to Spur Energy Retrofits

"A Senate bill that would allow energy-saving retrofits to be factors in mortgage underwriting has quickly attracted a diverse set of enthusiastic supporters that range from the conservative U.S. Chamber of Commerce to the liberal Center for American Progress.

The 'Sensible Accounting to Value Energy Act,' or SAVE Act, which is expected to be introduced this fall by Sen. Michael Bennet (D-Colo.), would require federal loan agencies to include projected energy costs when financing a house, essentially offering better mortgage values on properties that are more energy efficient."

Jason Plautz reports for Greenwire August 25, 2011.

Friday, August 26, 2011