A bipartisan proposal from U.S. Reps. Tom Reed, R-N.Y., and Bill Pascrell, D-N.J., would make roof replacement cost less and would help commercial building owners adopt energy-efficient systems.
The “Roofing Efficiency Jobs Act” would cut the 39-year depreciation period of commercial roofs to 20 years.
With the average life span of a roof being 17 years, the 39-year period often leads business owners to make partial repairs, rather than fully replace roofs.This legislation aims to encourage more owners to fully replace roofs with more efficient materials.
“This is a jobs bill that has the added benefit of saving millions in energy costs with energy-efficient roofing systems,” Reed said.
More accessible energy-efficient roofing systems would reduce energy consumption by 11.4 trillion BTUs and reduce energy costs by millions of dollars, according to estimates.
(http://riponadvance.com/news/bill-make-energy-efficient-roofing-systems-accessible/7930)
Related Stories
| Aug 23, 2022
New Mass. climate and energy law allows local bans on fossil fuel-powered appliances
A sweeping Massachusetts climate and energy bill recently signed into law by Republican governor Charlie Baker allows local bans on fossil fuel-powered appliances.
| Aug 22, 2022
Gainesville, Fla., lawmakers moved to end single-family zoning
The Gainesville City Commission recently voted to advance zoning changes that would allow duplexes, triplexes, and quadplexes to be built on land currently zoned for single-family homes.
| Aug 16, 2022
DOE funds 18 projects developing tech to enable buildings to store carbon
The Department of Energy announced $39 million in awards for 18 projects that are developing technologies to transform buildings into net carbon storage structures.
| Aug 11, 2022
Report examines supposed conflict between good design and effective cost management
A report by the American Institute of Architects and the Associated General Contractors of America takes a look at the supposed conflict between good design and effective cost management, and why it causes friction between architects and contractors.
| Aug 10, 2022
U.S. needs more than four million new apartments by 2035
Roughly 4.3 million new apartments will be necessary by 2035 to meet rising demand, according to research from the National Multifamily Housing Council (NMHC) and National Apartment Association.
| Aug 9, 2022
Work-from-home trend could result in $500 billion of lost value in office real estate
Researchers find major changes in lease revenues, office occupancy, lease renewal rates.
Legislation | Aug 8, 2022
Inflation Reduction Act includes over $5 billion for low carbon procurement
The Inflation Reduction Act of 2022, recently passed by the U.S. Senate, sets aside over $5 billion for low carbon procurement in the built environment.
Legislation | Aug 5, 2022
D.C. City Council moves to require net-zero construction by 2026
The Washington, D.C. City Council unanimously passed legislation that would require all new buildings and substantial renovations in D.C. to be net-zero construction by 2026.
| Aug 4, 2022
Newer materials for green, resilient building complicate insurance underwriting
Insurers can’t look to years of testing on emerging technology to assess risk.
Codes and Standards | Aug 3, 2022
Some climate models underestimate risk of future floods
Commonly used climate models may be significantly underestimating the risk of floods this century, according to a new study by Yale researchers.
