Save Energy : Home Star Helps Homeowners and Job Seekers...

President Obama talked about the reasons the Home Star program would be of benefit for the environment and the economy. In Savannah, Ga., employees are training for energy retrofit projects. The Alliance to Save Energy praised the President for his efforts.

We've seen the construction industry take a heavy hit during this recession. However, some of the new projects being discussed will create much needed new jobs in the U.S. The Home Star program will play a huge role in the green energy movement.

Now if we break it down, the program will allow homeowners to get tax breaks. This will also lower energy bills for owners of homes that install these changes. Also, the plan will help create new jobs in the construction industry. This will be an all around positive for the economy and the environment, while saving homeowners money and giving them more money to spend or save.

Tax breaks for making these changes to ones home can be as high as $3,000. The discount can also be applied by having the owners pay only 50 of the cost for the additions. Water heaters, roofing services, and changes such as adding energy saving windows, are just a few things you can do to save money immediately and in the long run. A service Home Star also encourages is the ability for the homeowner to measure the footprint of the energy they use. This opens the door for additional discounts of $8,000 per household. This is possible if you reduce the energy costs by 20% or more...

How do you think this will affect the economy in the short and long term? How do you think it will affect the economy? Will homeowners feel the savings of this program?