Energy Policy Act of 2005
Washington, D.C.—Well-targeted energy efficiency tax incentives will result in significant energy savings and will get more energy-efficient products into the market faster, according to Steven Nadel, executive director of the American Council for an Energy-Efficient Economy, who testified before the U.S. Senate Finance Committee today. The Senate hearing focused on appropriate uses of the federal tax code for promoting investments in energy efficiency, particularly in the context of emerging discussions on tax reform.
Tax Incentive Coalition Launches Web Site to Help Consumers and Businesses Save With New Energy Efficiency Tax Credits
Washington, D.C. — A new Web site from the Tax Incentives Assistance Project (TIAP) aims to help individuals and businesses cut their federal tax bills and their energy bills in 2006 and 2007 by becoming more energy efficient. Launched today, www.energytaxincentives.org provides information on valuable new federal income tax incentives in the Energy Policy Act of 2005 (EPAct).
In response to many requests, the American Council for an Energy-Efficient Economy (ACEEE) has prepared a summary table on energy efficiency tax incentives in the recently enacted Energy Policy Act of 2005. This summary can be accessed here. This summary includes both consumer and business tax credits.