Should Tax Credits Be Tied to Energy Star?
AAMA and WDMA are throwing their support behind a new Senate bill designed to tie the energy efficient tax credits for windows, doors and skylights to Energy Star. Rather than the 30/30 requirements now in place, the bill would allow homeowners to claim tax credits for the purchase of products qualified to the new 2010 Energy Star standards.
What do you think? That's our poll question of the week. And it's a simple yes or no vote, so I'd like to hear you opinion too. Should the industry be asking for more, like a bigger credit or a longer timeframe? Some companies, no doubt, have made a significant investment to meet the 30/30 critieria. Would you be upset to see it disappear?
Email me and tell me what you think. And don't feel obligated to limit your thoughts to the new Senate bill. Last week, Vice President Biden unveiled a new plan to push energy efficiency retrofits of homes. It looks to create more financing options for homeowners, as well as provisions for a system to rate the energy performance of existing homes. Do you see this program having potential for our industry?