Tax Incentives Key to Solar Use, NAHB Says

Filed in Advocacy by on December 3, 2014 0 Comments
meeting

NAHB members Andrew Chaban (left), Kevin Kelly, Paul Sullivan and Bryson Garbett in Washington on their way to  meeting with Obama administration officials.

NAHB Chairman Kevin Kelly led a small delegation of builders and remodelers that met this week with senior officials in the Obama administration to discuss the importance of solar technology.

“NAHB has a long history of supporting green building and encouraging the use of renewable energy,” Kelly told officials.  “We appreciate the opportunity to meet with the administration on this important topic, and look forward to a continued successful relationship to further promote the use of solar technology in the residential building sector.”

A recent NAHB survey indicated that 23% of respondents installed some form of alternate energy equipment on homes in the past year.

Tax incentives continue to be the fastest and easiest way to affect behavior and encourage the use of solar technology, Kelly reminded administration officials. The feds offer several tax incentives for the residential sector specifically targeting solar technology.

NAHB also reported on existing barriers to solar based on feedback from builder members, including long payback periods, financing and issues with utility companies.

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