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The MEC offers three ways to comply, from simple prescriptive measures to more complex but more flexible performance-based designs When President Bush signed the National Energy Policy Act of 1992, he created the nation's first comprehensive energy policy, with far-reaching ramifications for the building industry. The act pressures states to meet or exceed the federal Model Energy Code (MEC) and requires all new single and multifamily dwellings that receive federally insured financing to comply with at least the 1992 version of the MEC. This means that compliance with the MEC is now required if builders anywhere in the country want their homes to be eligible for FHA or VA financing. The MEC was first issued in 1992 and is updated