Government Renewable Energy Incentives

[macaw]

Does anybody know if the MACRS (5 year federal IRS commercial renewable energy accelerated capitol depreciation program) will be continued in the 2013 tax year?

PS does anybody read this forum?

[macaw]

Here is a little news clip from the Energize Alabama, e-bullein 9-27-12 which you can subscribe to by sending an email to [e-mail]

Alabama returns DOE Energy Efficiency Grant
The $541,089 grant for Stimulating Energy Efficiency Action in States we mentioned last month was returned by the state of Alabama since Alabama Power chose not to participate.

Here is a summary of the program that "WE" Alabama'ns opted out of from the Energize Alabama E-Bulletin from August of 2012
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Alabama receives DOE Energy Efficiency Grant
This grant for Stimulating Energy Efficiency Action in States is awarded to the state of Alabama in collaboration with the Permanent Joint Legislative Committee on Energy Policy. The intent is to assist the state in generating the necessary policy and program frameworks to encourage cost-effective energy efficiency investments and establish or increase statewide energy savings goals by 2015. ADECA will administer the $541,089 grant. Southeast Energy Efficiency Alliance is a named partner in the grant.

This project will support efforts leading to utility investment in energy efficiency programs and encourage policies to support a lasting energy efficiency market. The project will develop incentives for investment in energy efficiency and plans to broaden the base of stakeholder support and engagement for energy efficiency. Plans are still being developed and activities are likely to get underway in late fall 2012 or early 2013. Energize Alabama appreciates Alabama Environmental Council bringing this to our attention and we all look forward to engaging in the process when more information is available.
Buildings in the United States last year consumed more than 40 percent of all the energy used by the U.S. economy. This project is part of a broader Energy Department effort to reduce energy costs in our homes and buildings, create jobs and boost American competitiveness in the global race for clean energy technologies. These efforts also build on the Better Buildings Challenge, which works with private and public partners to reduce the energy use in their buildings by at least 20 percent by 2020.