Industry News




01/07/2011

President Extends Energy Efficiency and Renewable Provisions

 
President Extends Energy Efficiency and Renewable Provisions

President Obama has signed a bill that will extend many energy efficiency and renewable energy provisions through 2011.  Included is Section 1603 of the American Recovery and Reinvestment Act, which provides cash assistance to energy producers instead of tax credit.

Under the guidelines, the federal government will provide cash instead of tax credit totaling up to 30% of the qualifying cost of the project.  The measure has been passed in the U.S. House and U.S. Senate and will extend for one year the start-of-construction deadline for wind and solar projects.

Also extended through 2011 are a $1-per-gallon production tax credit for biodiesel, credit for manufacturers of energy-efficient homes, a 50-cent-per-gallon alternative fuel tax credit, and credits for manufacturers of energy-efficient refrigeration units, dishwashers, and washing machines.

A summary of the energy provisions is available on pages 6-7.

Renewable Energy and Energy Efficiency Export Initiative Launches

Renewable Energy for Existing Buildings

Finding Your Best Renewable Energy Strategy


 

 


Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.


When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality.

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.

 


Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.


When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality.

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.


 
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