The Biden administration has launched an effort called the "Affordable Home Energy Shot" to reduce the cost of home decarbonization by 50% and slash household energy costs by 20% by the end of the decade. The initiative aims to retrofit households that make below 80% of their area's median income with low-cost solutions such as heat pumps and insulated panels. The goal is part of the broader Justice40 initiative, which seeks to direct 40% of federal climate action benefits to low-income and minority communities. The effort is the final pillar in the Department of Energy's "Energy Earthshot" initiative to cut emissions by 2030.
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