These are the latest ideas and bills in congress, which may or may not actually happen.

First up are new tax credits for homeowners investing in energy efficiency upgrades. The Cut Energy Bills at Home Act.

It's based on annual predicted energy cost savings from heating, cooling, hot water and “permanent lighting” in a primary residence. For a minimum credit of $2,000, homes would need to reduce energy costs by 20 percent. Incremental credits are available.


The Home Owner Managing Energy Savings Act is in the works. It may provide instant rebates to homeowners investing in energy efficiency upgrades. Rebates from $2,000 for 20 percent to 24 percent reductions in energy to $8,000 for 50 percent reductions. Whether high-tech systems such as energy management and lighting control could be included is not yet nailed down.


The expired energy efficiency tax credits for furnaces, central air conditioners, windows, doors, roofs, and water heaters, may also come back. They have been recognized by many in congress as beneficial.


These incentives could possibly boost the home energy efficiency sector, but it's all politics as usual, from here on out.


Views: 200

Tags: act, credits, efficiency, energy, incentives, rebates, tax

Comment

You need to be a member of Home Energy Pros Forum to add comments!

Join Home Energy Pros Forum

Comment by Bob Blanchette on March 21, 2012 at 8:04pm

Subsidizing peak power reductions makes sense from an overall grid prospective. It's peak power demand in summer months that cost utilities a small fortune to keep up with. Power during off peak periods is actually quite cheap, but rates are increased to cover peak demand costs.

Comment by Tom DelConte on March 14, 2012 at 9:12am

Comment by Lisa Louis, USN blogger:

2011 energy tax credits: The Residential Energy Tax Credit was reduced in 2011, but you still may be able to deduct up to $500 for insulation, roofs, and doors.

Latest Activity

Mark A. Moeller joined allen p tanner's group
Thumbnail

Energy Auditing Equipment for Sale, Trade or to Purchase

Discuss the pros and cons of the equipment you are interested in prior to purchase. Post equipment…See More
Saturday
Franco Oyuela commented on John White's blog post HVAC Maintenance Checklist for Spring Cleaning
"As with a traditional air conditioner or heat pump, ductless mini splits require routine…"
Friday
NKaplan shared Quinn Korzeniecki's discussion on Facebook
Friday
Don Fugler replied to Tom Phillips's discussion Kitchen Ventilation Resources in the group Kitchen Ventilation
"Another good publication written for builders/renovators/HVAC professionals was Chris…"
Thursday
Robert Bean replied to Robert Bean's discussion Low velocity consequences in the group Kitchen Ventilation
"Hi Chris, Today there is no research that I can find to support less than 500 fpm. As I noted above…"
Thursday
Robert Bean replied to Robert Bean's discussion Low velocity consequences in the group Kitchen Ventilation
"Hi Tom, All good comments and questions that need to be explored for residential systems. We have…"
Thursday
Chris Stratton replied to Robert Bean's discussion Low velocity consequences in the group Kitchen Ventilation
"Seems like high velocity and low noise are at odds with each other. And one of the biggest…"
Thursday
Matt Sharpe replied to Bob Reuther's discussion log home roof insulation
"Agree that its hard to help without more information. Pictures? IR images? Do IR images show air…"
Thursday
Tom Phillips replied to Robert Bean's discussion Low velocity consequences in the group Kitchen Ventilation
"Bob: Good questions. I will defer to HVAC & grease experts on this. Is the main safety issue…"
Thursday
Bob Reuther replied to Bob Reuther's discussion log home roof insulation
"Thanks Brad.  You're correct on the missing info.  I do the customer service work…"
Thursday
Chris Stratton joined Don Fugler's group
Thumbnail

Kitchen Ventilation

In many homes, cooking is the largest indoor source of air pollutants. Exposures can be higher in…See More
Thursday
Home Performance Coalition posted a blog post

Advancing Home Energy Labeling through Data Standardization

Making energy efficiency features visible at the time of home sale is a strategy with…See More
Thursday
Brad Cook replied to Bob Reuther's discussion log home roof insulation
"This is like those BPI "Stump the Chump" problems where there is not enough information…"
Thursday
Brad Cook replied to Bob Reuther's discussion log home roof insulation
"This is like those BPI "Stump the Chump" problems where there is not enough information…"
Thursday
William H Nickerson replied to David Holtzclaw's discussion GSHP for domestic Hot water
"Hey David, My experience with my Econar 3.5 ton has been that the temps in the fall,winter spring…"
Thursday
Bob Krell's blog post was featured

IAQ + Energy =

Ellen Tohn Makes the Case for Adding Health to the Home EquationBy Susan Valenti Corliss…See More
Thursday
Jim Gunshinan's blog post was featured
Thursday
HomeWiz posted a video

See what makes HomeWiz the leading choice for electricians or hvac in the Boston area!

Whether you need same day service or rates up front our staff will give you the satisfaction and peace of mind you need!
Thursday
Jim Gunshinan posted a blog post
Wednesday
John C. Semmelhack replied to David Holtzclaw's discussion GSHP for domestic Hot water
"Mitsubishi has a refrigerant-to-water heat exchanger in their City-multi VRF lineup, but you have…"
Wednesday

Photos

  • Add Photos
  • View All

© 2018   Created by Home Performance Coalition (HPC)   Powered by

Badges  |  Report an Issue  |  Terms of Service