Terms

Financial Incentives for Energy Efficiency

Blog Post | August 11, 2009

New Federal Legislation Introduced

<p>Yesterday, new bipartisan legistlation was introduced by Senators Jeff Bingaman (D-NM) and Olympia Snowe (R-ME). In addition to <a href="http://energy.senate.gov/public/index.cfm?FuseAction=IssueItems.View&amp... Efficient Vehicle Leadership Act of 2009</em>,</a> they have introduced three other bills to expand and improve energy efficiency tax incentives.

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Blog Post | June 23, 2009

Motor Crusher Credit Part of House & Senate Bills

<p>The &quot;Motor Crusher Credit&quot; (actually entitled the <em>Motor Efficiency Rebate Program</em>) passed out of the Senate Energy Committee last Wednesday as Sec. 228 of the comprehensive energy bill the <em>American Clean Energy Leadership Act</em>. See ACEEE&#39;s <a href="/press/2009/06/senate-energy-bill-will-spur-substantial-energy-efficien">press release</a> on the bill for details and a link of our assessment of the energy efficiency impacts of the bill.<br />
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Blog Post | February 25, 2009

Tax Incentives Update

With the passage of The American Recovery and Reinvestment Tax Act of 2009, Congress modified and expanded the scope of many of the energy efficiency and renewable energy tax incentives. The legislation includes several provisions relating to these incentives, most notably extending the consumer incentives through 2010 and increasing the cap on efficiency incentives from $500 to $1,500 per household. Additionally, there are several new incentives for plug-in electric vehicles.

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Blog Post | February 17, 2009

February 17, 2009: Stimulus Package Extends, Enlarges Energy Efficiency Tax Incentives

Congress passed an economic stimulus package over the weekend that does much to promote energy efficiency. The American Recover and Reinvestment Tax Act of 2009 includes several provisions modifying and expanding the scope of the energy efficiency and renewable energy incentives. A few notable changes:

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Blog Post | November 12, 2008

Legislative Update: Extension & Renewal for Federal Energy Efficiency Tax Incentives

On October 3, 2008, the President signed the Economic Stabilization Act into law, extending many of the Energy Efficiency Tax Incentives first enacted in 2005 and creating several new opportunities for taxpayers, including new renewable energy incentives for small on-site wind and geothermal heat pumps among others. The bill pays for the energy efficiency provisions by restricting several oil and gas industry tax breaks, and tightening some provisions on the sale of stocks.

The energy efficiency provisions include:

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Blog Post | October 1, 2008

October, 2008 – Federal Tax Incentives Legislative Update

On Oct. 3, 2008, the President signed into law legislation to extend many of the Energy Efficiency Tax Incentives first enacted in 2005 but that expired at the end of 2007 or that were scheduled to expire at the end of 2008.  The bill also includes extensions of a variety of renewable energy tax incentives.  The energy efficiency provisions include:

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Blog Post | March 27, 2008

Federal Legislative Update: Congress Continues to Address Energy Issues

Congress continues to make headway on two major pieces of legislation—energy efficiency tax incentives and climate change legislation—in this election year. Action on extending the tax incentives has passed the House and is under consideration in the Senate, which makes extension legislation possible in 2008. However, the picture for passage of climate change legislation is murkier.

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