House Moves Forward on NAHB-Supported Transformer Bill
The House Energy and Commerce Committee has approved NAHB-supported legislation that will help ease the shortage of distribution transformers.
H.R. 4167, the Protecting America’s Distribution Transformer Supply Chain Act, would ensure certainty for transformer manufacturers as they seek to repair and strengthen a broken distribution transformer supply chain that has delayed home construction projects across the country and aggravated the nation’s housing affordability crisis.
The legislation would repeal the Department of Energy’s (DOE’s) authority to propose, finalize, implement, administer or enforce any energy efficiency standard for distribution transformers for the next five years. The DOE has proposed to increase the energy conservation standards for the production of transformers, an action that NAHB strongly opposes because it will exacerbate an already acute supply-chain shortage.
NAHB reiterated its support for this legislation in a letter, sharing that “NAHB members report 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 percent since the first quarter of 2018.”
NAHB will continue to work with Congress to seek additional funding to boost production of distribution transformers to meet market demand.
Latest from NAHBNow
May 08, 2025
Multifamily Developer Confidence Falls in First QuarterConfidence in the market for new multifamily housing declined year-over-year in the first quarter, according to the Multifamily Market Survey (MMS) released today by NAHB. The MMS produces two separate indices. The Multifamily Production Index (MPI) had a reading of 44, down three points year-over-year, while the Multifamily Occupancy Index (MOI) had a reading of 82, down one point year-over-year.
May 07, 2025
Energy Star Transition and Its Effect on NAHB MembersSeveral recent media reports suggest that the Energy Star program, a proven private-public partnership administered by the Environmental Protection Agency (EPA), is going through a possible transition period that could lead to its elimination.
Latest Economic News
May 06, 2025
Mortgage loan applications saw little change in April, as refinancing activity decreased. The Market Composite Index, which measures mortgage loan application volume based on the Mortgage Bankers Association (MBA) weekly survey, experienced a 0.4% month-over month increase on a seasonally adjusted (SA) basis. However, year-over-year, the index is up 29.3% compared to April 2024.
May 06, 2025
The median price for a new single-family home sold in the first quarter of 2025 was $416,900, a mere $14,600 above the existing home sale price of $402,300, according to U.S. Census Bureau and National Association of Realtors data (not seasonally adjusted – NSA).
May 05, 2025
Private fixed investment in student dormitories increased by 2.3% in the first quarter of 2025, reaching a seasonally adjusted annual rate (SAAR) of $4.04 billion. This gain followed a 1.0% increase in the previous quarter. However, private fixed investment in dorms was 2% lower than a year ago, as elevated interest rates place a damper on student housing construction.