Concrete Home Building Council - 02/17/2006 (Plain Text Version)CHBC Chairman View Graphical Version | Subscribe
to NAHB Publications | Email our
Editor... In this issue: IRS Releases Final Form For Energy Tax CreditThe United States Internal Revenue Service recently released form 8908 to assist contractors that qualify for energy efficient tax credits. In late 2005, President Bush signed the Energy Policy Act of 2005, giving a $2,000 tax credit (each house) to contractors that build a 50% more energy efficient home based on the 2003 International Energy Conservation Code plus supplements. This credit is for the entire house's energy efficiency, but requires that 1/5 of the energy saved come from improvements in the envelope system, in this case, the ICF. To view IRS form 8908, please click here. Additionally, the Residential Energy Services Network, the association representing energy raters nationwide, has released guidelines for qualifying for residential tax credits. Please click the following links to view RESNET procedures for certifying residential energy efficiency tax credits for new homes http://www.natresnet.org/standards/tax_credits/default.htm and their nationwide list of certified raters http://www.natresnet.org/directory/default.htm. For more information or to contact us directly, please visit www.NAHB.org | ©2005, National Association of Home Builders |