Hey Everyone!

Please take a moment and check our the new 25e TAX CREDIT bill and let me know what you think. 

http://www.efficiencyfirst.org/25E/

Thanks!

Views: 538

Reply to This

Replies to This Discussion

Sorry, but since you asked - my first thought after reading the bill was thank goodness this doesn't have a snowballs chance...

:) Thanks! I changed the discussion.

Would you mind telling me what your thoughts are about it please? I am evidently new to the industry and could surely use some background on the political issues.

heh, I see that...

For me, it really has nothing to do with politics. Lets back up just a bit first to how this bill started which was HomeStar - HomeStar while flawed was for all intensive purposes pretty good

http://blog.sls-construction.com/2010/homestar-primer

http://blog.sls-construction.com/2010/homestar-primer-on-issues-pro...

Unfortunatly when they rebranded it (25e or whatever they want to call it) - instead of just tweaking the portions that needed some help, they stripped most of the good parts (which was why so many supported it in the first place) & turned the rest into a morass of shady math and other items that stink of back room deals which will not serve the customer or any of us in the long term. As the saying goes, the devil is in the details

 

Would you have said the same about the 179D commercial deduction back in the day? Plenty of points of comparison (granted, not all of them positive).

Don't know, never really looked into it

RESNET is pushing har5d for both adoption this and other legislation.

"RESNET's legislative priority for 2011 includes the following tax incentive provisions for residential energy efficiency:

  • Extension of $2,000 energy efficient home credit for three years
  • Creation of a $5,000 credit for builders who builds homes with a 50 HERS Index score or better
  • Extension and modification of the homeowner tax credit for energy saving products
  • Creation of a performance based tax credit to homeowners who improve the HERS Index of their homes"

See: http://www.resnet.us/about/legislative-call-to-action

Tax incentives, PACE funding and State energy upgrade rebates have been proven to increase employment in the construction sector in California.  These programs are in response to the state's 2020 program that mandates reductions of greenhouse gas emissions to the 1990 level by 2020.  A significant amount of the funds for these programs and "green jobs training" came from the Economic Stimulus funds.  Unfortunately, most states didn't even apply for millions of dollars of funds from that program. It is up to us, who are committed to energy efficiency, to make our state and federal politicians to make and enforce policies that help our industry and our planet.  I have worked within these programs and they are making it possible for many contractors to keep alive during this great recession.  IMHO For a member of our profession not to support these initiatives is either naive or outright masochistic.

"IMHO For a member of our profession not to support these initiatives is either naive or outright masochistic."

No worries, everyone is entitled to an opinion but I do have to ask - Have you read the actual legislation & not just some clif notes version? WellI I have and I based my comments above on that - it is a bad bill that will do more harm than good.

I  appreciate your comments and any direction you all may have! Thank you for being involved!

RSS

Home Energy Pros

Home Energy Pros was founded by the developers of Home Energy Saver Pro (sponsored by the U.S. Department of Energy,) and brought to you in partnership with Home Energy magazine.  Home Energy Pros is sponsored by the Better Buildings Residential Network.

Latest Activity

Joshua Moore commented on Jim Gunshinan's video
Thumbnail

GoGreen Portland 2014: The Myth of Apathy - Renee Lertzman, Ph.D

"Nice insights.  Engagement defined as a "genuine interest in collaboration, in…"
1 hour ago
Dmitri A Martin replied to Kirsten Richnavsky's discussion Let's Play Stump the Chump! in the group Building Performance Institute (BPI)
"The detectors could have been giving false positive readings due to cleaning chemicals as it is…"
1 hour ago
Profile IconDmitri A Martin and Joshua Moore joined Leslie McDowell, BPI's group
Thumbnail

Building Performance Institute (BPI)

BPI is the nation's premier standards development, quality assurance and credentialing organization…See More
1 hour ago
Joshua Moore replied to Kirsten Richnavsky's discussion Let's Play Stump the Chump! in the group Building Performance Institute (BPI)
"Great thread - when will you post the solution?"
2 hours ago
scottscontracting replied to scottscontracting's discussion Natural Insulation Poll
"D.Chojnowski, Thanks for the heads up, corrected the links and added that people could comment here…"
2 hours ago
Diane Chojnowski replied to scottscontracting's discussion Natural Insulation Poll
"The link goes to an error message. Would you please repost the correct link? Thanks!"
2 hours ago
Profile IconDavid Lopez, John Doe and Ariston C. Hernandez Jr. joined Home Energy Pros
12 hours ago
David Eggleton commented on David Eggleton's group Considering Permaculture &/or Transition
"Are you on Facebook?  Are we friends there?  If not, please send me a request."
16 hours ago

© 2015   Created by Lawrence Berkeley National Laboratory.

Badges  |  Report an Issue  |  Terms of Service