Financial Incentives for Energy Efficiency
New Report Shows How Energy-Efficient Manufactured Homes Can Save Consumers Billions
There is substantial talk in Washington about tax reform being a key issue for 2013. Generally this is perceived to mean simplifying the tax code by scaling back tax deductions and credits, and using the money saved to both lower marginal tax rates and help lower the federal budget deficit. In such a climate, where do energy efficiency tax incentives fit in? Such incentives have been in place in varying forms since 2005, and several that recently expired may be extended at the end of this year.
This month, ACEEE hosted its 6th Annual Energy Efficiency Finance Forum in Boston, Massachusetts. The event was attended by 250 representatives from utilities, banks, venture capital firms, energy efficiency program offices, real estate firms, nonprofit organizations, consulting firms, and state and local government offices. Participants enjoyed a rich program that featured presentations centered on this year’s theme of “Getting to Scale.”
Although Congress has been unable to pass comprehensive energy and climate legislation so far, there is hope for energy efficiency legislation in the not-too-distant future. Energy efficiency is cost-effective and has the potential to give the economy a boost. And importantly, energy efficiency has bipartisan support.
ACEEE has collaborated with state and local stakeholders for decades, arming them with valuable, up-to-date resources on energy efficiency to facilitate effective program and policy development and deployment.