Residential Energy Conservation=
Directs the Secretary of Energy to establish procedures for the approval and implementation of residential energy conservation plans by State utility regulatory authorities, non-regulated utilities, and home heating suppliers.
Prescribes energy conservation measures to be included in such plans.
Establishes criteria governing programs to be carried out by public utilities as part of such energy conservation plans.
Authorizes temporary exemptions from such requirements where alternative programs will be implemented.
Authorizes the Secretary to implement and enforce a Federal plan in the event of inadequate action by a State or a nonregulated utility, except where a temporary exemption to such plan requirements has been approved.
Imposes civil penalties on any utility which violates any plan requirement or fails to comply with a Federal order requiring implementation of a Federal plan.
Directs the Secretary to consult with:
(1) the Secretary of Commerce, acting through the National Bureau of Standards, with regard to product or material standards relied on in implementing such plans as a basis for judging the efficacy, energy efficiency, safety, or other attributes of energy conservation materials, products, or devices; and
(2) the Federal Trade Commission to insure against unfair and deceptive trade practices which may arise as a result of the operation of such standards.
Requires the Secretary to prepare a report on energy conservation in apartment buildings.
Requires the Federal Trade Commission to complete a study and submit a report to Congress and the President on the activities of public utilities and home heating suppliers, including reviews on the financing and installation of residential energy conservation measures.
Authorizes the appropriation of $5,000,000 for each of fiscal years 1979, 1980, 1981 for the Utility Program established by this Act. Amends the Energy Conservation in Existing Buildings Act of 1976 to permit a raise in the eligible income level for weatherization grants to low-income families.
Expands the definition of the term "weatherization materials" in such Act to include additional devices and technologies.
Limits the amount of financial assistance available under such Act that may be spent on weatherization materials and specified accompanying costs.
Amends the Housing Act of 1949 to require the Secretary of Agriculture to conduct a weatherization program financing the installation of weatherization materials in farm residences occupied by low-income people.
Amends the Federal National Mortgage Association Charter Act to direct the Federal National Mortgage Association to purchase loans insured under the National Housing Act and made to low- and moderate-income families for the installation of energy conserving improvements in residences owned by such families.
Permits the Secretary of Housing and Urban Development to insure loans for the installation of energy conserving improvements and solar energy systems in single homes and multifamily housing.
Allows the Government National Mortgage Association (GNMA) to have standby authority to purchase loans for energy-conserving improvements.
Authorizes the GNMA to purchase and sell loans and advances of credit which are insured under the National Housing Act and which are made to the owners of one-to-four-family dwelling units for the purpose of financing the purchase and installation of solar energy systems.
Permits the Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association to deal in insured and uninsured residential energy conservation loans in their secondary market operations.
Amends the National Housing Act to permit increased amounts of financial assistance to be insured if such increase results from increased cost of a residence or project due to the installation of a solar energy system.
Permits the Secretary of Housing and Urban Development to enter into annual contribution contracts to finance the installation of energy-conserving improvements in existing low-income housing projects.
Directs the Secretary of Housing and Urban Development and the Secretary of Agriculture to promote the use of energy-saving techniques through minimum property standards established for newly constructed residential housing subject to federally-insured mortgages or assisted under the Housing Act of 1949.
Directs the Secretary of Housing and Urban Development to conduct a study to determine the necessity of mandatory Federal requirements that all residential dwelling units meet energy efficiency standards.
Directs the President to conduct a study to monitor the weatherization activities authorized by this Act and/or undertaken independently of this Act. Amends the Energy Conservation Standards for New Buildings Act of 1976 to increase the authorization of appropriations for new building performance standards to $10,000,000 for each of the fiscal years 1978 and 1979.