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H.R. 906, a bill to modify the efficiency standards for grid-enabled water heaters 1 (May 4, 2015)

handle is hein.congrec/cbo2201 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE May 4, 2015 H.R. 906 A bill to modify the efficiency standards for grid-enabled water heaters As ordered reported by the House Committee on Energy and Commerce on April 15, 2015 H.R. 906 would specify energy-efficiency standards for certain water heaters, require manufacturers of such water heaters and utilities to report to the Secretary of Energy on their prevalence and use, and direct the Secretary to publish periodic analyses of that information. Based on information from the Department of Energy, CBO estimates that the department would spend less than $100,000 annually to meet new administrative and reporting requirements under H.R. 906, assuming the availability of appropriated funds. H.R. 906 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. H.R. 906 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act. The CBO staff contact for this estimate is Megan Carroll. The estimate was approved by Theresa Gullo, Assistant Director for Budget Analysis.

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