ABC News' Sunlen Miller reports:
Standing in a Home Depot in Alexandria, Virginia today, President Obama said that home insulation "is sexy."
"I know the idea may not be very glamorous, although I get really excited about it," Mr. Obama said, "here's what's sexy about it: saving money."
Mr. Obama said the current lack of efficiency in most homes and buildings is the equivalent of watching "$20 bills just, sort of, floating though the window up into the atmosphere."
Following his economic speech last Tuesday in which he outlined new ways to spur job creation, Mr. Obama today traveled to Home Depot to focus on one part of that place: home retrofitting as a way to make them more energy efficient and to create jobs.
With insulation and heating products saying "tax credit eligible" in the backdrop, Mr. Obama spoke about how energy efficiency can lead to green jobs.
"Installing new windows and doors, insulation, roofing, ceiling leaks, modernizing heating and cooling equipment -- is one of the fastest, easiest and cheapest things we can do to put American back to work while saving money and reducing harmful emissions."
The President called on Congress to provide new temporary incentives for Americans to make energy-efficiency retrofit investment in their homes.
"And we want them to do it soon," he added.
With investments made under the American Recovery and Reinvestment Act, including state and local energy grants – the President said the administration is on pace to upgrade the homes of half a million Americans by this time next year.
"Most of this stuff is going to pay for itself. You put in the insulation, you weatherize your home now, you will make up that money in a year or two years or three years, and then everything after that is just gravy."
And Mr. Obama joked he might just do a little of his own shopping for Christmas at the home improvement store.
"Seeing how Christmas is just around the corner and we're at Home Depot, I thought I might knock out some of my holiday shopping. I figure my energy secretary wants a few million energy-efficient light bulbs. My press secretary wants something that will prevent leaks."