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Tax Incentives for Innovative Energy-Efficient Technologies (Updated)

Patrick Quinlan, Howard Geller,* and Steven Nadel  

October 2001

* Executive Director of the Southwest Energy Efficiency Project (SWEEP)


Executive Summary

As part of his National Energy Policy Report (NEP), President Bush has proposed tax credits to stimulate the commercialization and sale of several innovative energy efficiency and renewable energy technologies. Since then, the U.S. House of Representatives passed H.R. 4, a bill establishing tax credits for a somewhat longer list of efficiency technologies.

This report reviews previous experience with tax credits for energy efficiency measures; outlines principles to follow when designing new tax credits; provides comments on the energy efficiency tax credits proposed by the Bush Administration and Congress; and estimates potential energy, economic, and environmental benefits that could result from Administration and Congressional proposals.

View the report for free in PDF or click to order hard copy.

36 pp., 2001, $15.00, E013

 
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