Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

AHRI Applauds Presidential Signing of Stimulus Bill
Feb 19, 2009
 Printable format
 Email this Article
 Search

The Air-Conditioning, Heating, and Refrigeration Institute applauded congressional leaders for bringing President Obama an economic stimulus bill that AHRI says provides numerous incentives to upgrade the U.S.'s heating and cooling system infrastructure, creating thousands of jobs, reducing buildings' energy costs, and helping achieve the nation's environmental goals faster.

"This bill provides enhanced incentives for consumers to upgrade existing heating and cooling equipment and it provides funding for the federal government, states, and cities to improve energy efficiency in buildings and schools," said AHRI president Stephen Yurek. "We are thrilled that there appears to be a paradigm shift in how policymakers view our industry. They now rightly see us as the solution providers we are and they have provided the market stimulus to help us provide those energy saving solutions for the good of the nation."

For consumers, AHRI says the bill includes:
• An uncapped 30% tax credit for the purchase of solar water heaters and geothermal heat pumps (those who purchase such equipment can claim a credit for a full 30% of the purchase price, regardless of the total cost).

• A US$1500 aggregate tax credit, beginning with the date of enactment (Feb. 17, 2009), that consumers can claim for qualified energy efficient home improvements. The efficiency levels for split air-conditioners and heat pumps have been modified to reflect the highest tier of the 2009 CEE specification. Therefore, says AHRI, only 95% AFUE gas furnaces; 90% AFUE oil furnaces; 16 SEER/13EER and above central air-conditioners; 15 SEER/12.5 EER/8.5 HSPF split heat pumps; .82 energy factor/90 thermal efficiency gas, propane, or oil water heaters; and 90% AFUE gas, propane, or oil-fired boilers would qualify. This provision replaces the current tax incentives for these products.

Back to Daily News

 

Daily News

...........................................................

Apr 23, 2014: Bosch Home Appliances Garners EPA Energy Star Partner of the Year - Sustained Excellence Award

Apr 23, 2014: AO Smith Develops Ultra-Low NOx, Compact Commercial Water Heater for California

Apr 23, 2014: Dacor Launches First North American Cooktop with Touch Control

Apr 23, 2014: Existing-Home Sales Show Slight March Decrease

Apr 23, 2014: CEA: Consumer Sentiment Down in April

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows