Manufacturing Industry
Energy efficiency pays.(ViewPoint: News+Notes)
Remodeling, January, 2006 by Alfano, Hayden
If your New Year's resolutions included a pledge to be more environmentally conscious, then you're in luck. Starting January 1, the Energy Policy Act of 2005 went into effect. The bill, signed by President Bush on August 8, established tax credits for being energy efficient.
According to a report on the Energy Star Web site (www.energystar.gov) home builders may earn a $2,000 credit for a new home that saves 50% of heating and cooling energy over the 2004 IECC (International Energy Conservation Code) and supplements. At least 1/5 of that savings must be the result of building envelope improvements. A credit of $1,000 is available for a 30% savings under the terms listed above, with 1/3 coming from building envelope improvements. To be eligible, the homes must...
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