Federal Supports for Energy Efficiency
Graphic: As noted by the Alliance to Save Energy, "For the second time in a contentious lame duck session of the 112th Congress, energy efficiency proved to be the 'bipartisan sweet spot' on energy legislation."
Although the action received little notice, it is important because it because it turns out to be something battling policy makers can agree on. By providing tax relief for American homeowners, workers who commute via transit, businesses, and manufacturers, the action supports a trend toward energy efficiency, which is also a trend away from our dependence on foreign oil.
"The American Taxpayer Relief Act extends throughout this year and makes retroactive for 2012. Included are:
- $500 for existing homes for specific energy efficient upgrades.
- $2,000 for new homes that are more efficient.
- $240/ a month for commuters who take mass transit.
- Incentives for manufacturers of energy efficient appliances such as washing machines and dryers, dish washers and refrigerators.
The Alliance went on to add,
"These tax benefits represent huge wins for our economy, our global competitiveness, our security, and our environment, which is why they found so much support among business and industry, consumer and environmental groups and, of course, energy efficiency advocacy groups like the Alliance to Save Energy. With the advocacy 'horsepower' that energy efficiency policy can generate, we expect the 113th Congress to be bullish in advancing meaningful national energy efficiency legislation."