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After over two years of debate, Congress finally passed the 2005 Energy Policy Act, which was created to determine a formal future energy policy for the United States. The bill contains a number of sections that address specific issues concerning energy. The broad areas covered are oil and gas production, renewable/clean energy sources and energy efficiency and conservation. Of these, energy efficiency and conservation offer the best opportunity for advanced technologies and attention to detail in the insulation industry.
Of specific interest, are tax credits for new and existing homes and for commercial buildings. A tax credit up to $2,000 per home is available to homebuilders.
Visit www.irs.gov/pub/irs-drop/n-06-27.pdf And www.certainteed.com/energypolicyact
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