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
- The CFO and the Sustainability Reporting Chain
- Integrated Building Optimization
- Essential Guide to Lighting Retrofits and Upgrades
- How "Fixed" is the Fixed Price Product?
- NAEM Trends Report: Planning for a Sustainable Future
- Alarms Management: The Future is Now
- Trends in Energy Management: Where Should Your Next Investment Be?
- 2014 Environmental Leader Product and Project Awards
- Sustainability Careers: Unlocking Hidden Employment Potential
- Six Essential Steps to Drive Effective Energy Management
- 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
- Energy Procurement in 2014: Products & Programs to Optimize Savings
- BUYING STRATEGIES IN A VOLATILE MARKET: What Businesses Need to Know about Retail Electricity Procurement