Posts Tagged 'energy'

Tax Incentive To Build Green

green building tax incentive helps put money back in your pocket

Energy Efficient Commercial Building Tax Deduction puts money back in your pocket.

Energy Efficient Commercial Building Tax Deduction

Have you taken advantage of the green building incentive yet? The Energy Efficient Commercial Building Tax Deduction is set to expire on December 31, 2013. The program affords building owners deductions on qualifying energy-efficient upgrades done within the last six years. Real estate advocates are in the process of lobbying Congress to extend or expand the program. Read more about the green building incentive in this article by Bendix Anderson, NuWire Investor.

Have these deductions changed the way you or your clients plan buildings?

Do You Build for Better Energy Efficiency?

A public utility company in Arizona is in the process of lobbying for stricter building codes in order to promote construction of more energy-efficient buildings. Many builders of small to medium sized buildings may not invest in energy-saving features or green products due to the initial costs, regardless of the savings and maintenance benefits the client may reap in the long run.

Ryan Randazzo, Arizona Republic, describes why it’s better to start with green building from the start in his article Building Better Energy Efficiency. He also explains why retrofitting an existing building would be beneficial for now, and for the future.

architect looks at plans for building with better energy efficiency in mind

Planning to build for better energy efficiency, right from the project’s beginning,  will result in better cost savings in the long run once the project is completed.

  • Do you agree that it would be better in the long run, enough that you would start with a green building plan from the beginning?
  • How do you feel about retrofitting existing smaller buildings with more energy-efficient upgrades?
  • How do you feel about the idea of increased government regulation of green features through building codes?

President Obama promises both jobs and energy savings from Homestar rebate program

On March 2, 2010, ProSales magazine posted a news article about the new “cash for caulkers” program that was first mentioned back in January. This program will be similar to “cash for clunkers” in that it will be a direct rebate program to homeowners, and also will be an extension of the energy-efficient incentives already being offered by the government. “The plan generated favorable but cautious support from building material dealers’ national trade group, which has been working hard to make certain the program benefits independent dealers.”

As reported by ProSales magazine, “President Obama wants the program, dubbed “Cash for Caulkers” and first mentioned in his January State of the Union address, included in a jobs package being drafted by Congress. The administration hopes the incentives will boost demand for building products such as insulation, energy-efficient windows, and roofing in the same way car sales skyrocketed last year when consumers were offered rebates for trading in their gas-guzzling autos for more fuel-friendly models. The White House says the program would create “tens of thousands” of jobs, cut energy bills for families by $200 to $500 per year, and reduce the nation’s dependence on oil. Administration officials are still working with Congress on details…”

Read more of the ProSales article “Obama Touts ‘Cash for Caulkers’ Energy-Efficient Retrofit Rebates

Additional link for the White House Fact Sheet: http://www.whitehouse.gov/the-press-office/fact-sheet-homestar-energy-efficiency-retrofit-program

NLBMDA Others Urge the U.S. Senate to Help Delay EPA Lead Rule

In related news, on March 8, 2010 industry leaders announced that they are seeking a delay in implementation of the new EPA Lead Rule because it is clear that EPA already cannot ensure enough certified renovators will be available for compliance with the LRRP by the deadline of April 22, 2010. They are connecting this with the proposed implementation of the Homestar program since retrofitting pre-1978 homes will certainly be part of those renovations.

You can read the full letter that has been composed to be sent to the Senate committee here.

National Lumber will continue to follow developments of these urgent issues and keep you informed.

“Cash for Caulkers” Rebate Program

The Obama Administration is considering a rebate program for homeowners who invest in improving the energy-efficiency of their homes – such as insulation, window replacement, and even simple things such as re-caulking. Doors and skylights may also become part of the program. Not only is this a big step in improving the country’s energy efficiency, but also it will bring a much needed boost to the Lumber & Building Materials industry, creating new jobs and increasing business in the process.

The National Lumber and Building Materials Dealers Association has provided a handy link for you to be able to send an e-mail message to your senators and representatives to push the “Cash for Caulkers” program. You can help to further this great cause here.

EPA Green Homes: Great Solutions

If you’re in the market for a new home, or making home improvements, the EPA Green Homes Web site identifies key environmental and energy issues at hand. They suggests solutions that will add value to your home, as well as reduce energy use and costs, and helping protect your health.

http://www.epa.gov/greenhomes/

To see all we ourselves are doing to help the environment, visit the National Lumber Partnership for Green Initiatives website: www.national-lumber.com/green


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