DOE Suspends Energy Efficiency Mandates on Key Home Appliances
In a move supported by NAHB, the Department of Energy (DOE) has announced it will postpone the implementation of the latest round of restrictive energy efficiency mandates on key home energy appliances, including for gas powered instantaneous (tankless) water heaters.
The DOE press release noted that these actions “are a key step in undoing the previous administration’s burdensome policies that have driven up costs, reduced choice and diminished the quality of Americans’ home appliances.”
In addition to the tankless water heaters, the DOE has acted to postpone the new overreaching efficiency standards for the following home appliance rules:
- Central Air Conditioners
- Clothes Washers and Dryers
- General Service Lamps
- Walk-In Coolers and Freezers
- Commercial Refrigeration Equipment
- Air Compressors
Additionally, the DOE is creating a new energy efficiency category for natural gas tankless water heaters that would exempt these products from the Biden administration’s onerous efficiency rules and allow for fair standards that balance efficiency with availability of product features desired by consumers.
NAHB has been actively advocating against efforts to limit the availability and use of gas stoves, and will continue to support efforts to maintain a variety of home appliance options for consumers to help improve housing affordability.
On the congressional front, NAHB continues to work with lawmakers in both chambers to advance congressional resolutions introduced in the House and Senate that seek to block the Biden administration’s recent attempt to ban natural gas water heaters.
Latest from NAHBNow
On Aug. 6, the Senate Committee on Homeland Security and Governmental Affairs advanced the NAHB-supported Promoting Resilient Buildings Act, legislation that would help communities maintain local control over building code adoption while encouraging stronger preparation for and recovery from extreme events.
Stay informed on the issues shaping the residential construction industry by reviewing the monthly update talking points. The latest edition features messages related to tariffs and the economy.
Latest Economic News
The U.S. labor market weakened in July, with nonfarm payrolls down 23,000 and downward revisions cutting another 103,000 jobs from May and June.
Confidence in the market for new multifamily housing weakened year-over-year in the second quarter, according to the Multifamily Market Survey (MMS) by the National Association of Home Builders (NAHB). The MMS produces two separate indices.
Re-escalation of the conflict in Iran pushed mortgage rates higher in July. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.54% in July, up 5 basis points (bps) over June. Since the conflict in the Middle East began, the 30-year mortgage rate has climbed by almost 50 bps.