On February 17, 2009, President Obama signed a stimulus bill (The American Recovery and Reinvestment Act of 2009) that made some significant changes to the energy efficiency tax credits. The highlights are:
• The tax credits that were previously effective for 2009, have been extended to 2010 as well.
• The tax credit has been raised from 10% to 30%.
• The tax credits that were for a specific dollar amount (ex $300 for a CAC), have been converted to 30% of the cost.
The maximum credit has been raised from $500 to $1500 for the two years (2009–2010). However, some improvements such as geothermal heat pumps, solar water heaters, and solar panels are not subject to the $1,500 maximum.
For more information,
click here .
Governor Culver visits new PHCC (Plumbing Heating & Cooling Contractors) statewide apprenticeship program laboratory in Cedar Rapids, IA.
On January 7th, 2009, Iowa Governor Chet Culver visited with apprentices, company contractors, and local and state dignitaries at the PHCC-IA apprenticeship program laboratory in Cedar Rapids. "We need this type of program to make sure we have the skilled workforce ready and able to help us recover and build a better and stronger Iowa," Culver said. (click here to download the full press release)