Energy Efficiency Guide

Tax Incentives Energy Efficiency Section


 


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Welcome to Energy Efficiency Guide

 

Tax Incentives Energy Efficiency Article

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Importance of Energy Efficiency

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The importance of energy efficiency can no longer be denied. As with energy conservation in the past, energy efficiency has become quite popular. However, unlike energy conservation, energy efficiency is easier to regulate and it is something that is easier to implement in your daily life. You are not giving up comforts or having to sacrifice in any way. You are simply changing the technology that you use.

The importance of energy efficiency reaches into many areas of our life. It is important for a variety of reasons with the three main reasons being reduction of pollutants in the environment, less reliance on fossil fuels and saving money on energy costs.

The Concern Over Global Warming

Global warming is starting to really make its mark. Unreliable weather patterns and melting in the coldest parts of the world are just two examples of how global warming is affecting the world. It will only get worse.

Global warming is directly related to pollution. Pollution comes from vehicles, the production of energy, appliances and businesses. Almost anything that uses energy produces pollution. All of the toxins and emissions go into the atmosphere and causes global warming.

Energy efficiency means less energy use and therefore fewer pollutants released into the atmosphere.

Reduction of Fossil Fuels

Fossil fuels are the main source of energy in this country. Fossil fuels include oil and coal. These fuel types are non renewable which means more can not be made and once they are gone that is it. The fossil fuel supply is rapidly depleting. Usage of fossil fuels is at an all time high and the prices for energy prove that.

As our need for fossil fuels grow and the supply decreases the costs will only go higher. The importance of energy efficiency has never been more clear. It is through energy efficiency that the reliance on fossil fuels can be lessened and therefore they can be conserved.

Rising Energy Costs

It is no secret that energy costs have been rising and no end is in sight. The rising costs of gasoline and other energy is due to many factors, but one of the main reasons is the demand is high and the supply is limited. Raising costs is a way for the company to make consumers more aware. You likely pay more attention to turning off lights at home than ever before because you do not want a high energy bill.

Through energy efficiency you can keep your energy costs low and save yourself a lot of money. This is another example of the importance of energy efficiency.


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Senator Bingaman Pushes to Renew Renewable Energy Tax Credits - SustainableBusiness.com


Senator Bingaman Pushes to Renew Renewable Energy Tax Credits
SustainableBusiness.com
He also wants the energy efficiency incentives for homeowners renewed which expired at the end of 2011. Failure to extend tax incentives for clean energy now will result in jobs lost, reduced US manufacturing competitiveness in a growing, ...

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Time short to save clean-energy jobs - The Hill


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Time short to save clean-energy jobs
The Hill
But despite widespread support from both business and environmental groups, important provisions — such as energy efficiency tax credits for homeowners and renewable-energy grants in lieu of tax credits — were allowed to lapse at the end of 2011.
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New era launches at GE's Appliance Park - Louisville Courier-Journal


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New era launches at GE's Appliance Park
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Aided by government incentives, GE is investing $800 million to launch several energy-efficient product lines at Appliance Park and hire up to 1300 people by 2014. Jubilant company and local officials celebrated the $38 million water heater launch ...
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County launches website promoting renewable energy - The Livingston County News


County launches website promoting renewable energy
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Here is an example of what you can find on the website: Information on incentives and rebates for purchasing energy efficient appliances and recycling old ones. Information on home weatherization, solar energy for homes, state and federal tax credits ...

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Seven Things To Know Before Tackling Your 2011 Tax Return - WBAL Baltimore


Seven Things To Know Before Tackling Your 2011 Tax Return
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Get help with your energy-saving enhancements. Did you invest in new insulation, a heater, an air conditioner, windows or doors in 2011? If so, you may be eligible for an energy efficiency tax credit valued at 10 percent of the cost, up to a credit of ...

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