Read the latest from the Evergreen team.
Homeowners can claim federal tax credits for energy efficiency improvements made in 2015 and 2016, thanks to an extension of the Residential Energy Tax Credit. The credit covers 10% of the materials cost of certain improvements, up to $500. The credit had previously expired at the end of 2014, but a late-December budget deal extended it both retroactively and forward till the end of 2016.
Yesterday, Efficiency Maine’s board voted unanimously to adopt a new 3-year plan and budget, which will save consumers more than $870 million on energy bills over the lifetime of the efficiency measures. The plan now goes to the Public Utilities Commission for a formal review, expected to take at least four months, before it can be implemented.
Efficiency First weighs in on a controversial study
National home performance association Efficiency First has weighed in on last month’s controversial claim by researchers at the E2e Project that the costs of residential energy efficiency upgrades outweigh their energy benefits.
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