The LA Times reports what we touched on several days ago. The extended federal tax credit is much lower in 2011 than is was in 2010. This is certainly a big step backward in terms of a good national energy policy (a phrase you almost can’t use “national energy NONpolicy” might be better. But in many states–including California–the outlook isn’t bleak. In CA, for example, Energy Upgrade CA, is just about ready to kick off in earnest (we’ve already be delivering improvements under the pilot phase. And as I mentioned last time, many generous state, local, and/or utility incentives still exist or are just coming on line. Give us a call or visit our website to see how we can help.
And be proactive about it. While the jobless numbers are still way too high, the U.S. economy has begun its climb–expected to be a long, slow climb, out of the dumps. And with it, energy prices are climbing. As reported in the WSJ, pre-Christmans trading saw oil futures climbing above $91/barrel again, up more than 13% since November. “Several major banks expect prices to reach triple digits next year as demand rebounds with the improving global economy.” And retail gasoline price are climbing, reflecting a broader impact to consumers.
Dollars invested in energy-efficiency start saving now, and provide even greater protection as energy prices increase. So while the gutting of the tax credit isn’t a good thing, it’s still the right time to save. Take the steps now.