The Energy Security for American Families Initiative

Publication Date: September 2008

Publisher: New America Foundation

Author(s): Lisa Margonelli

Research Area: Energy

Keywords: Energy crisis; Presidential transition; Energy efficiency

Type: Report

Coverage: United States

Abstract:

The energy crisis will not be solved with one-shot fixes like gas tax holidays or stimulus checks. While high energy prices appear to be part of America's future, few of the 70 million American families making less than $60,000 a year are prepared for this new reality.

The Energy Security for American Families initiative will give moderate income families the power to control their energy costs over the long term. Offering a combination of vouchers, low-interest loans, and market based incentives, ESAF will enable working families to invest in energy efficient cars, homes, and commutes. These families will be able to save money, year after year, gaining economic security.