This is very exciting news that I came across on the blog from San Francisco-based Efficiency First, “a national nonprofit trade association that unites the Home Performance workforce, building product manufacturers and related businesses and organizations in the escalating fight against global warming and rising energy costs.” Their page “Introducing 25e: The First Performance Based Tax Credit for Homes” includes links to the actual text of the Senate bill, a quick reference fact sheet, and a webinar from December that discusses it in detail, as well as software and contractor credentials.
The brief description is:
The Cut Energy Bills at Home Act has been introduced in the Senate with bipartisan support. If passed, the bill would create a new 25e tax credit — the first residential performance-based tax credit given to homeowners who make energy efficiency improvements. The proposed bill would provide performance-based tax credits of up to $5,000 per project for homeowners who install qualified energy efficiency measures
I signed the petition in support of this important new bill, saying:
As a Realtor and EcoBroker I support any smart legislation that will create a market-driven change to building quality and energy consumption. 25E could create a revolution in bottom-up energy conservation by individual power users, from east to west, north to south. As someone born in the same year as Earth Day and seeing improvements at a pace slower than the destruction occurring on our planet, I consider it a personal mission to educate my clients, friends, and family about indoor air quality and energy usage in their homes.
If you also feel this is important, please endorse this new legislation by signing their petition to add your support to this important effort! Stay tuned for more details as they become available.