A new study from the University of Chicago and University of California Berkeley says making a home more energy efficient costs twice what it saves in energy bills.

The study looked at over 30,000 low-income Michigan homeowners who qualified for federal money to upgrade their homes. The funds went toward things like new furnaces, insulation and weather stripping under the Weatherization Assistance Program -- a longstanding Energy Department program that got $5 billion in stimulus funding. It was referred to by some as "cash for caulkers" -- a reference to a program that paid people to get rid of their old cars known commonly as "cash for clunkers."
 

Read More: http://money.cnn.com

Join us - become an Elderado today at: LarryElder.com
Follow Larry Elder on Twitter