Comment HWVX What about if the cost is free?


Residential energy efficiency improvements twice the cost of benefits


What about if the cost is free? (Score: 1)

by on 2015-08-19 22:54 (#HWVX)

I remember someone coming by my house and doing energy savings fixes (seal holes, add attic insulation, etc.) to my house for free. There was some government program (I don't remember if it was state or federal, but I'm fairly sure federal) that paid the contractor directly for each house finished.

My limited economic knowledge says if the government says "we'll pay up to X of the cost," then that's the exact number contractors will charge. The free-ness of the project is felt by the same person who reaps the benefits (lower monthly bills), and so I'm not sure I'm against this at all. While it is, as far as the article is concerned, wasteful, it's only wasting money and the energy needed to do the upgrade, which I'm sure is offset by the energy saved. If it only costs the state and federal governments money (by which I mean, if it only costs everyone a small amount of money) to help against climate change, then I'm all for it. If there is graft or gouging going on (which if there's a government contract, there almost definitely is), then I'm also for fixing that. These two choices are not mutually exclusive.

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