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Energy Secretary under Trump advocates $24 billion in consumer savings by dismantling appliance regulations

Trump administration policies credited with delivering $100 worth of consumer savings over past 100 days, asserts Secretary Chris Wright during factory visit close to Atlanta, Georgia.

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"Y'all better get ready to save some dough!" - Energy Sec. Chris Wright spills the Trump admin's energy independence plan

Energy Secretary under Trump advocates $24 billion in consumer savings by dismantling appliance regulations

Get a load of this, folks! U.S. Energy Secretary, Chris Wright, took a tour of Rinnai America Corporation's tankless water heater factory in Georgia, shouting out the Trump administration's 100-day savings of a whopping $24 billion for American consumers from regulatory changes.

Let me break it down for ya. The energy crew initially put the brakes on a rule set under Biden's reign, then Congress hopped in with the Congressional Review Act (CRA) in April to stamp the changes in stone. These changes involved repealing the Energy Department's rule restricting consumer options for newer appliances that were to take effect in 2029.

To boot, President Trump signed an executive order nixing water usage restrictions on shower heads in April, and the Senate followed up the next day with a 53-44 vote to scramb the Biden-era energy efficiency regulations on tankless water heaters.

But guess what? Job growth ain't nowhere to be found in April because of economic uncertainty. Still, Chris Wright ain't about to let that stop him. He got up there and hollered about how Rinnai's work is opening the door for people all over the world to enjoy that luxurious hot shower life.

"I've been blessing to be born in America and live through the second half of the 20th century," Wright said, "Not everyone's so lucky."

Now let's dive into the drama around those water heaters. The 2023 rule demanded water heaters drop their energy consumption by 13%, with energy savings of roughly $112 per household over the product's lifetime. But, here's the twist - 40% of tankless water heaters on the market would have become illegal under this rule. Talk about taking the hot water outta my house!

Rinnai, a Japanese manufacturer of tankless water heaters, was shook as their non-condensing heaters - which are less efficient and cheaper - would have been under fire. If they didn't get those regulations reversed, it'd cost them a cool $15 million to retrofit theirGeorgia factory for a new product that lives up to modern standards.

But WAIT, there's more! Rinnai wasn't the only one feelin' the heat from these regulations. A.O. Smith and others opposed the rollback, claimin' it gave an unfair advantage to cheaper, often imported models over U.S.-manufactured condensing water heaters that already passed the stricter standards.

Rinnai ain't backing down, complimenting the Trump administration for protecting consumer choice and market competition, so let's see where this Moneymaker Attack saga unfolds next.

[1] Trump Administration Rolls Back Energy Efficiency Regulations for Water Heaters[2] Rinnai America Corporation Pushes Back Against Biden-Era Energy Efficiency Regulation[3] Energy Department Delays Water Heater Efficiency Rules[4] Rinnai America Corporation Lobbies to Repeal Biden’s Energy Efficiency Regulations for Water Heaters[5] Trump's Plan to Weaken Energy Efficiency Rules Faces Criticism and Court Challenges

[Image: A Rinnai tankless water heater installation. Energy Department delays water heater efficiency rules under Trump Administration. January 2025. Greg Nash/Pool via AP.]

  1. The Trump administration's energy independence plan has resulted in $24 billion savings for American consumers due to regulatory changes made in April.
  2. The changes involved the repeal of a rule restricting consumer options for newer appliances, initially set under a previous administration, which was enacted after the rule was put on hold by the energy crew and backed by Congress via the Congressional Review Act (CRA).
  3. Additionally, President Trump also signed an executive order nixing water usage restrictions on shower heads in April, and the Senate followed up with a vote to scrap the Biden-era energy efficiency regulations on tankless water heaters.
  4. Despite job growth being nonexistent in April due to economic uncertainty, Energy Secretary Chris Wright highlighted Rinnai's work as opening the door for people worldwide to enjoy a luxurious hot shower.
  5. Rinnai, a Japanese manufacturer of tankless water heaters, had faced the possibility of spending $15 million to retrofit their Georgia factory for a product that complied with the modern standards due to the 2023 rule that demanded water heaters drop their energy consumption by 13%.
  6. The reversal of these regulations has sparked controversy, with some arguing it gives an unfair advantage to cheaper, imported water heaters over U.S.-manufactured condensing water heaters that already meet the stricter standards.
  7. As the situation unfolds, the general news, politics, finance, and energy industry continue to monitor this Moneymaker Attack saga closely.
Trump administration policies credited with providing 100 days of consumer savings, proudly announced by Secretary Chris Wright at a Rinnai water heater factory visit near Atlanta, Georgia.
Trump administration's initiatives credited for deliverance of consumer savings over past 100 days, as Secretary Chris Wright showcased at a Rinnai water heater factory in the vicinity of Atlanta, Georgia.
Trump administration policies over the past 100 days have led to significant consumer savings, as per Secretary Chris Wright. He made this statement during a factory tour of a Rinnai water heater facility, which is located near Atlanta, Georgia.

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