03 Jan '12, 10am

Federal Residential Energy Efficiency Tax Credits Have Expired

The federal tax credit for builders to build energy efficient homes (45L) and for homeowners to install energy efficient products (25C) expired on December 31, 2011. After extending the payroll tax cut, unemployment benefits and doctor Medicare payments for two months, Congress adjourned for its holidays recess. Congress failed to take action on a “tax extenders” legislative package that would have renewed a number of tax credits including the residential efficiency credits. RESNET and its strategic allies have been working hard with members of the Senate Finance Committee to have the residential energy efficiency tax credits extended. Word in Washington is that when Congress comes back into session in January, there will be a push to extend these important credits retroactively to January 1, 2012. We need your help to make this happen. It is essential that the RESNET netw...

Full article: http://www.resnet.us/blog/federal-residential-energy-effi...

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