Wednesday, September 23, 2009

Legislation Introduced in Senate to Extend Energy Efficiency Tax Incentives and Create Incentives

The $2,000 tax credit for energy efficient homes will expire on January 1, 2010 unless extended by Congress . Bi-partisan legislation has been introduced in the U.S. Senate to extend the $2,000 credit to December 31, 2012 and create a $5,000 credit for homes that use 50% less whole house energy than the 2004 IECC (50 HERS Index). The bill was co-sponsored by Senators Olympia Snowe (R-ME), Diane Feinstein (D-CA) and Jeff Bingaman (D-NM). In addition, the legislation: Creates a $200 tax credit for the cost of a home energy rating Creates a $500 tax credit for the cost of training and certifying home performance auditors to conduct home energy ratings
Increases the amount of the tax incentive for commercial buildings to $3.00 per square foot Click on http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=111_cong_bills&docid=f:s1637is.txt.pdf to download the legislation. It is critical that your voice is heard in Washington. Contact your state's Senators and urge to support legislation to extend the tax credit for energy efficient homes.

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