Friday, December 17, 2010

New NC Building Codes for Energy Conservation

The North Carolina Building Code Council voted Dec. 14, 2010 to increase energy efficiency standards in new homes and buildings, which will save consumers an average of $30 to $100 each month, create jobs across our state, and help home builders who have struggled during the recession. The Council voted to increase efficiency standards in commercial construction by 30 percent and in residential construction by 15 percent beyond the building code’s current standard. The new building code will take effect in January 2012 and becomes mandatory in March 2012. In addition to the mandatory 15 percent increase in residential efficiency, the Council also established a voluntary compliance path and special recognition for builders who choose to build new homes to the higher 30 percent efficiency standards and above. The new building code takes effect January 2012.

Congress Extends Federal Tax Credit for Energy Efficient Homes and Other Residential Energy Efficiency Tax Credits

Last night (December 16, 2010) Congress extended the $2,000 federal tax credit for builders who build energy efficient homes. The extension is from January 1, 2010 to December 31, 2011. The extension was part of a sweeping tax package negotiated by the White House and Republican Congressional leaders.

The legislation also includes a provision that extends the tax credit for consumers who purchase qualified energy saving products, but lowers the credit to its pre-economic recovery act levels. The new bill extends the credit to the end of 2011, but reduces the incentive to the original 10% up to $500. Included are provisions limiting window incentives to $200, oil and gas furnace and boiler incentives to $150-200, and water heater and wood heating system incentives to $300. As part of the legislation, Congress tightening the specifications for oil furnaces and boilers and gas boilers to 95% efficiency, up from the 90% efficiency in current credit.

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