NAHB and Other Groups Seek $1.2 Billion to Boost Transformer Production
NAHB and a coalition of energy, grid and builder associations have worked with Senate leaders to include an additional $1.2 billion in a spending bill to boost the production of sorely needed distribution transformers.
This is a critical issue for the housing industry, as NAHB members have reported that wait times for transformers often range from 12 to 24 months, and in some isolated cases, the lag time approaches three years. These delays are worsened by the fact that transformer prices have increased by 85% since the first quarter of 2018.
In a joint letter sent to Republican and Democratic Senate leaders, the coalition strongly supported a provision in the Senate Energy and Water Development Appropriations bill that specifically addresses the growing supply-chain crisis for distribution transformers.