A bill to extend the expired residential energy efficiency tax credit for installing qualified furnaces, boilers, central air conditioners, and heat pumps was recently filed in the U.S. House of Representatives.
The Home Energy Savings Act would extend the value of the tax credit at 10% of the installed costs up to a maximum $500 per household for 2012 and 2013. The current limits of $150 for a qualified furnace or boiler, and $300 for a qualified central air conditioner, heat pump, or hot water heater would remain in place. In 2014 the credit would become permanent, and the value of the credit would increase to 10% of products costs up to $1,000.
To read more, click here. +
Related Stories
Codes and Standards | Apr 20, 2017
California lawmakers have had little success in attracting sports stadiums
Only one of several attempts has had an impact in recent years.
Codes and Standards | Apr 19, 2017
Dept. of Energy releases updated versions of EnergyPlus and OpenStudio building energy modeling tools
The updated versions include full support for variable speed DX coils, enhanced plant auto-sizing, new fan model, and support for non-rectangular windows.
Codes and Standards | Apr 18, 2017
K-12 school daylighting initiative created to promote best practices
Eneref Institute creates networking group of school administrators for ideas to overcome market obstacles.
Codes and Standards | Apr 17, 2017
OSHA delays enforcing crystalline silica standard in construction industry
Enforcement will begin Sept. 23, three months later than planned.
Codes and Standards | Apr 13, 2017
Former OSHA official publishes safety citations on his own
Under Trump orders, agency had stopped issuing ‘shaming’ press releases on major fines and safety violations.
Codes and Standards | Apr 12, 2017
Trump infrastructure task force suggests arbitration to speed projects
Permitting process could be reduced from 10 years to 2 years under the proposal.
Codes and Standards | Apr 11, 2017
2017 National Energy Codes Conference includes code boot camp, PNC Tower tour
The DOE-sponsored event will be held in Pittsburgh July 17-20.
Codes and Standards | Apr 10, 2017
Congressional hearing on skills gap includes look at construction industry
Strategies to boost ranks of construction workers include mentoring programs, increased safety measures, trade group support, and outreach to school counselors.
Codes and Standards | Apr 6, 2017
Product-specific EPDs seen as key aid to earning green building credits
The product-specific EPDs allow designers to more quickly earn a LEED v4 credit in the Materials & Resources category.
Codes and Standards | Apr 5, 2017
Updated AIA Disaster Assistance Handbook released with significant enhancements
Updates provide guidance on how design and construction pros and emergency managers can work together to prepare for and respond to disasters.
