Myers Mermel Discusses the Affordable Heat Act on Vermont Viewpoint
On Wednesday February 22, EAI President Myers Mermel discussed the the Affordable Heat Act on Vermont Viewpoint. You can listen to the show here.
PR: The Affordable Heat Act Offers No Savings- Ever
Implementation of the Affordable Heat Act (“AHA” or S.5) requires significant upfront investment across the households of 60% of all Vermonters, those who currently depend on heating fuel to warm their homes. This cost will likely be over $5 billion dollars- more than twice the $2 billion dollars estimated by the Agency of Natural Resources and the Vermont Climate Council, even after $380 million in state and federal funding is included. This $5 billion cost to provide weatherization, heat pumps, and heat pump water heaters, will mostly be borne by low and moderate income Vermonters, those who primarily use heating fuel. The Affordable Heat act will be the largest and most expensive social program ever paid for by Vermonters.