Tuesday, August 5, 2008

Energy Tax Credits

I don't want this blog to become a political rag-The only topic I've gotten on the soapbox for previously is my post about the rebate checks. I started to write this blog because I was excited about the Green Building industry. I was thrilled with the concept of building a durable, healthy and energy-efficient home and I wanted to share it. I wanted to share my projects and talk about the practicalities of new products and techniques. These Green concepts are adaptable to remodeling as well as new home and commercial construction. 
It seems that there isn't any subject that can escape the "political sphere". The Energy Policy Act of 2005, which ended at the end of 2007, was hopefully going to be extended this year. This act gave homeowners tax credit INCENTIVES to improve their homes HVAC systems, install more insulation, replace old doors and windows and/or install wind or solar systems. The list can be found here
At a time of rising unemployment, the housing industry in free-fall and rising energy costs wouldn't you think this would be a no-brainer. The Energy Policy Act of 2005 should be extended. The House of Representatives had passed A Renewable Energy package but it died in the U.S. Senate last week. Very untimely and unfortunate.