11 Nov '11, 8pm

New Senate Bills Would Give Homeowners Credit for Energy Efficiency

Two bills introduced in the Senate would support energy efficiency and renewable energy. One would make a home's energy costs part of the mortgage approval process and the other bill would streamline permits for siting renewable energy projects on public lands. Homes Rewarded for Greater Energy Efficiency Even though most people know they could save money if they made their home more energy efficient, the majority of people still aren't willing to pay the upfront costs. But what if your home got a higher (or lower) appraised value based on its efficiency? Residential energy efficiency would become a key part of the home buying and selling process in a bill introduced by Senators Michael Bennet (D-CO) and Johnny Isakson (R-GA), The Sensible Accounting to Value Energy (SAVE) Act (S.1737). The SAVE Act would change current banking rules to include energy efficiency upgrades a...

Full article: http://www.sustainablebusiness.com/index.cfm/go/news.disp...

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