Cash For Caulkers

DEFINITION of 'Cash For Caulkers'

The colloquial name for the United States' Home Star Energy Retrofit Act of 2010, which provides incentives for specific energy-efficient home improvements. The bill allocates $6 billion to be used as rebates under two programs: the Silver Star program and the Gold Star program. The Silver Star program allows rebates of up to $3,000 for energy-efficient doors, windows, insulation and appliances. The Gold Star program provides rebates of up to $8,000 for energy audits and improvements that reduce total energy usage by more than 20%.

BREAKING DOWN 'Cash For Caulkers'

The bill aims to provide economic stimulus to home contractors that have been hard hit by the downturn in the real estate industry. The bill is controversial among Republicans, who worry that it will increase the federal deficit. To address these concerns, language was inserted in the bill that provides that it will not be implemented unless the programs can be funded without increasing the federal spending deficit.



RELATED TERMS
  1. Cash For Refrigerators

    A federal energy efficiency program introduced in the fall of ...
  2. Rebate Option

    An offer to consumers for a cash discount on the purchase of ...
  3. Cash For Clunkers

    A program that allows car owners to trade in their old, less ...
  4. Direct Purchase Program

    A direct purchase program is a method by which individuals can ...
  5. Stock Loan Rebate

    Interest paid by a stock lender to a borrower who has put up ...
  6. Energy Improvement Mortgage

    A mortgage that sets money aside for home improvements that will ...
Related Articles
  1. Personal Finance

    Ways To Slash Your Home Energy Bill

    Upgrading household appliances to more energy-efficient models can slash your utilities bill.
  2. Stock Analysis

    A "Cash For Caulkers" Portfolio

    Stocks that might profit from a "Cash For Caulkers" stimulus plan.
  3. Options & Futures

    Cut Taxes With An Energy-Efficient Home

    A greener home can mean more green in your pocket this tax season.
  4. Savings

    How Mail-In Rebates Rip You Off

    These common strategies often leave consumers holding the bill.
  5. Options & Futures

    9 Ways To Save On Winter Bills

    Winter heating bills can leave your finances in the cold. These tips will help warm things up.
  6. Options & Futures

    Green Mortgages Save Money And The Environment

    This emerging type of loan is not just for treehuggers. It rewards you for eco-friendly housing, in the form of cold, hard, cash.
  7. Active Trading Fundamentals

    The Power Of Program Trades

    Learn how programs make up a significant portion of the volume traded each day.
  8. Investing

    Original Star Wars Trilogy Returning to Theatres in August

    The oldest three Star Wars movies return to the big screen in August in a special program called "Return of the Trilogy".
  9. Insurance

    5 Safety Net Services Available To Americans

    Here's a look at the different services available, the numbers of people they serve and how much money is used to support them.
  10. Stock Analysis

    Energy Efficient Stock Picks

    A recent Jones LaSalle survey shows that corporate America is willing to pay more for energy-efficient office space.
RELATED FAQS
  1. How effective is creating trade entries after spotting a Star pattern?

    Understand the basics of the morning and evening star patterns and how traders and analysts use this pattern to establish ... Read Answer >>
  2. How are Star patterns interpret by analysts and traders?

    Understand the basics of the morning and evening star patterns and how they are interpreted by traders and analysts when ... Read Answer >>
  3. How do I implement a forex strategy when spotting a Star Pattern?

    Learn a simple forex trading strategy designed to take advantage of market reversal indications given by three star candlestick ... Read Answer >>
  4. How do I build a profitable strategy when spotting a Shooting Star pattern?

    Understand the meaning accorded to a shooting star candlestick pattern, and learn a profitable trading strategy than can ... Read Answer >>
  5. How effective is creating trade entries after spotting a Shooting Star pattern?

    Explore the effectiveness of trade entries based on identifying a shooting star candlestick and factors that increase the ... Read Answer >>
  6. How effective is creating trade entries after spotting a Evening Star pattern?

    Explore the elements of the evening star candlestick pattern, and learn what factors influence the effectiveness of trade ... Read Answer >>
Hot Definitions
  1. MACD Technical Indicator

    Moving Average Convergence Divergence (or MACD) is a trend-following momentum indicator that shows the relationship between ...
  2. Over-The-Counter - OTC

    Over-The-Counter (or OTC) is a security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, ...
  3. Quarter - Q1, Q2, Q3, Q4

    A three-month period on a financial calendar that acts as a basis for the reporting of earnings and the paying of dividends.
  4. Weighted Average Cost Of Capital - WACC

    Weighted average cost of capital (WACC) is a calculation of a firm's cost of capital in which each category of capital is ...
  5. Basis Point (BPS)

    A unit that is equal to 1/100th of 1%, and is used to denote the change in a financial instrument. The basis point is commonly ...
  6. Sharing Economy

    An economic model in which individuals are able to borrow or rent assets owned by someone else.
Trading Center