A reminder that the available federal energy efficiency tax credits expire on December 31st 2010. The tax credits offer up to 30%/$1,500 back on qualifying measures. With all the partisan rancor in Congress right now, it’s unclear—I’d say unlikely—that Congress will be able to pass any extension of the credits. Any qualifying work would need to be installed by December 31st to be eligible. Now is the time to act to avoid missing this opportunity.
Posts Tagged ‘home retrofit’
Spence Abraham, the former Secretary of Energy under Bush 2 and a former Senator from Michigan, and John Engler, the former (R) governor of Michigan and current President of the National Association of Manufacturers, penned an op-ed in The Hill today endorsing Home Star, the energy-efficiency home retrofit bill. And they summed up the merits by quoting the President.
“This is not a Democratic idea or a Republican idea; this is a common-sense approach that will help jumpstart job creation while making our economy stronger.”
And “common sense” is a phrase often used by Peter Welch (D-VT), who is the lead sponsor of the bill in the House, a bill that made it out of committee with bipartisan support.
Here’s hoping that common sense and bipartisanship can prevail for the good of the country. It should. Quoting Messrs. Abraham and Engler, “Support for jobs, homes and energy efficiency naturally crosses party lines.”
Reason to be hopeful.
We’ve seen increasing interest in “deep energy retrofits” over the last several months. Homeowners, utilities, and states are looking at ways to reduce total home energy use (that’s heating, cooling, hot water, lighting, and watching the ball game on TV, etc.) by 50-80%! And that’s before talking about renewable energy like solar or wind. At GreenHomes, we know this is possible—we’ve taken motivated homeowners their before. To give you an idea about how this can be achieved, I’ll point you to an article in Home Energy Magazine that people have been asking about. This article details how this could be accomplished 10 years ago with off the shelf technology and the right contractors.