Arkansas Public Service Commission (APSC) Issues 10 Orders Designed to Expand the Energy Efficiency Efforts of Utilities
On Friday, December 10, 2010, Arkansas became the first state in the Southeast to adopt a comprehensive set of policies on utility energy efficiency programs, including an Energy Efficiency Resource Standard (EERS). Arkansas is the twenty-sixth state to adopt an EERS. (Click here to learn about all state EERS policies.)
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: