Thursday, December 15, 2011

Introducing 25e: The First Performance Based Tax Credit

Introducting 25E: The First Performance Based Tax Credit for Homes from Efficiency First on Vimeo

As the HomeSTAR legislation evolves into standards for software and quality assurance, we need to support the effort to keep scientific and predictive methods at the core of the building-performance work.

25e = a tax credit incentive for performance based energy efficiency improvements from 20%-50% ($2000-$5000) based upon on a software energy modeling of the improvements made, calibrated by past energy bills.

The work-scope is set and the home-owner and the contractor work together to complete the work. The process is monitored via a percentage of the jobs being audited by third party analysis, and photos before and after.

This program is standardized across all 50 states, and therefore needs no local approval from the state, county or municipal level. Both RESNET and BPI standards will qualify for this energy audit tax credit.

They project that 1,000,000 homes can be retrofitted in the USA between 2012-2016, with an average energy savings of 25% and cost of $2500 per home, costing the US Treasury about $2-Billion, while creating about 19,000 net jobs.

The incentives to create market penetration, combined with education, and codes and standards that lock in better practices to guarantee savings, taken together create jobs and new markets.

Whole Home Retrofits - are different than 25c tax credit which applies to single appliance or single item purchases (Windows or HVAC).

This kind of program increases efficiency which benefits the environment, gives the USA energy security, promotes individualist self-reliance.

National Resource Development Center - NRDC
GoldSTAR pathway of HomeSTAR - performance based incentive (tax credit)
Acronym Alert: Quality Control/Quality Assurance = QC/QA
The Alliance to Save Energy - conglomerate of organizations

For More information see Efficiency First - Americas Home Performance Workforce

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