Posts Tagged ‘stimulus’

Senator Bernie Sanders: Good environmental policy is good economic policy

November 1, 2009

Bernie Sanders in both Senate hearing and other writings with respect to environmental policy, energy policy, and economic policy, “the low-hanging fruit and a real job creator is energy efficiency”.  

[Speaking of Senator Sanders, check out this video from July 2009 from a hearing on Green Jobs, and note that Burlington, VT despite healthy growth and the increase in gadgets seen everywhere, today is consuming only 1% more electricity than it did 20 years ago, essentially handling growth in electricity needs by efficiency rather than building new power plants. ]

Thanks,
Mike

U.S. Senate Examines Green Jobs

July 21, 2009

Senator Bernie Sanders (VT) will be chairing his first green jobs subcommittee hearing on July 21 at 12:00pm EDT.  It will be streamed live on the EPW site – http://epw.senate.gov.  

Meanwhile GreenHomes has new green jobs in CA–I’ll try to get some photos of our guys out in the field there today.

Thanks,
Mike

$1,500 Federal Tax Credit Clarification

May 5, 2009

The guidance on the home energy improvement tax credit is out.  Short version–for insulation and windows, the credit applies to 30% of the materials only.  For heating, cooling, and solar installations, it’s 30% of the total installed costSee my previous post on the tax credit for links to more detailed information.

[Addendum, June 20, 2009:  GreenHomes has collected the most common questions and a summary of eligible measures and criteria in an FAQ page on our website.]

Thanks,
Mike

ARRA / Stimulus package $1,500 home energy improvement tax credits (redux!)

March 5, 2009

We continue to get tons of questions about the new $1,500 tax credit available for home energy improvements and included in the stimulus package. Repeating my earlier post, the ARRA includes increased tax credits for 30% of the cost of qualifying improvements up to $1,500 for improvements installed between January 1, 2009 and December 31, 2010.  We have put together an updated summary of the credits and answers to the most common questions we get in an summary page on our website. 

ENERGY STAR also has detailed information on the credits. The Alliance to Save Energy also has a similar summary with notes that complement the ENERGY STAR notes. Good stuff that applies to almost every project that GreenHomes completes!

Thanks,
Mike

American Recovery and Reinvestment Act of 2009 (The Stimulus Package)

February 14, 2009

Good news on the energy-efficiency front.  With the ARRA now passed and ready to roll, homeowners now qualify for up to $1,500 in tax credits for energy efficiency home improvement projects including:

  • Insulation
  • Windows with U-values less than or equal to 0.30
  • Gas/propane furnaces with greater than or equal to 95% AFUE
  • Gas/propane boilers with greater than or equal to 90% AFUE
  • Oil furnaces/boilers with greater than or equal to 90% AFUE
  • Water heaters with an energy factor greater than or equal to 0.82.

And the cap on the 30% credit for solar thermal/solar hot water has been lifted.

These credits apply for projects in 2009 and 2010.

With a massive increase in the Weatherization assistance program—about 6-fold to $5 Billion over two years—insulation services will also be in big demand.

 

Homeowners can beat the rush, take advantage and the tax credits, and start saving immediately by scheduling improvements NOW.  Insualtion, heating and cooling equipment, water heaters, the right windows, and solar systems, qualify provided you make the right choices.  (GreenHomes’ Advisors can point you in the right direction).  Energy efficiency projects are something that make sense sooner rather than later.

 

Thanks,
Mike


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