Congress May Extend Energy Tax Credits
Extension of various tax credits relating to energy may come up in the US Congress in the coming weeks, according to a blog posting on the Advanced Energy Economy website, citing several sources on Capitol Hill.
The following tax credit provisions that expired at the end of 2013 are up for discussion:
-Renewable Electricity Production Tax Credit (PTC; Section 45) with option to claim the Business Energy Investment Tax Credit (ITC 48) instead. The PTC ended on January 1 without Congressional action.
-Replace the ITC (Section 48) placed-in-service qualifying deadline with a commence construction standard.
-Energy-Efficient Appliance Manufacturing Credit (45M).
Photo: Wind farm via Shutterstock
- Existing Building Technologies Combine for Increased Savings
- Top 3 Reasons to Calculate Your Environmental Footprint
- How to Use Lean Tools to Cash In On Environmental and Energy Savings
- Sustainability Reporting for Commercial Real Estate: GRESB
- Six Essential Steps to Drive Effective Energy Management
- Integrated Building Optimization
- Mobility From The Plant Floor To The Store Door: Improve Safety, Accuracy, and Productivity
- 4 Reasons Operations Teams Can’t Live Without Real-Time Building Data
- Sustainability Careers: Unlocking Hidden Employment Potential
- Building Energy Intelligence
- Cut Costs and Improve Facility Operations with Energy Data
- Energy Procurement Strategies for Winter 2014 and 2015
- Energy Efficiency Requires Engineering Efficiency
- Integrated Building Optimization: A Crucial Convergence of Demand-side and Supply-Side Energy Management Strategies
- Driving Productivity and Profit with Industrial Energy Management