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
| Oct 2, 2014
Los Angeles reverses ban on high-rise slanted roofs and spires
Los Angeles reversed course last month on a regulation that had barred skyscrapers from having slanted roofs or spires.
| Sep 29, 2014
10 common deficiencies in aging healthcare facilities
VOA's Douglas King pinpoints the top issues that arise during healthcare facilities assessments, including missing fire/smoke dampers, out-of-place fire alarms, and poorly constructed doorways.
| Sep 29, 2014
Report finds links between office design, health and productivity
A new report from the World Green Building Council finds “overwhelming evidence” to support office design as a significant influencer of the health, wellbeing and productivity of staff.
| Sep 29, 2014
San Francisco office tower is first U.S. building to earn LEED Platinum v4 certification
One Sansome Street, San Francisco is the first building in the U.S. to achieve LEED Platinum v4 certification. The building is also only the second property worldwide to be awarded with v4 certification.
| Sep 29, 2014
Navy to begin BIM phased implementation in October
The U.S. Naval Facilities Engineering Command will begin its Building Information Management and Modeling (BIM) Phased Implementation Plan in October.
| Sep 18, 2014
GBCI to administer PEER certification for power grids and building projects
The Green Building Certification Institute (GBCI) will administer certification for the Performance Excellence in Electricity Renewal (PEER) program.
| Sep 18, 2014
Master Painter Institute approves 55 new paint products
The Master Painter Institute has issued approvals for 55 new paint products.
| Sep 18, 2014
OSHA announces new requirements for reporting deaths and severe injuries
The U.S. Department of Labor's Occupational Safety and Health Administration announced a final rule requiring employers to notify OSHA when an employee is killed on the job or suffers a work-related hospitalization, amputation, or loss of an eye.
| Sep 18, 2014
Eugene, Ore., passes ordinance to achieve steep energy consumption reductions
The Eugene, Ore., City Council recently passed an ordinance aimed at steeply reducing energy consumption and greenhouse gas emissions.
| Sep 10, 2014
Nine out of 10 New York City building plans fail energy code test
Earlier this year, New York City's Department of Buildings began auditing thousands of architectural plans for new and renovated office and residential buildings.