U.S. Rep. Roger Williams (R-TX) introduced legislation that would make permanent the 25C tax credit for homeowner energy efficiency improvements.
Williams’ bill, the Incentivize Residential Energy Efficiency Act (HR 3324), would make the 10 percent tax credit for energy efficiency improvements permanent.
“Making the 25C tax credit permanent is one of my priorities this session, and the Incentivize Residential Energy Efficiency Act will do just that,” Williams said. “This bill will finally make permanent a credit rate for 10% of eligible expenses up to $500. Residential homeowners can utilize the tax credit to make an investment in their home, from installing energy efficient appliances like HVAC systems and water heaters to upgraded lighting fixtures and doors. Such improvements not only stimulate the economy but reduce a home’s electricity footprint and utility bills.”
Williams said he will continue to support tax policies that increase economic participation while serving the consumer’s best interests.
“Skilled technicians across the country are ready to respond to consumer demands, but Congress must act to ensure the temporary extension of this tax credit does not lapse this year, threatening to stagnate energy efficiency investments,” Williams said.
The bill is supported by the National Association of Homebuilders (NAHB) and the Air Conditioning Contractors of America (ACCA).