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Energy Bill With Appliance Credits Passes Senate
Aug 4, 2003
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The U.S. Senate last week passed a comprehensive energy bill that includes substantial tax credits for major-appliance makers to develop energy-saving products. The legislation differs markedly from the U.S. House version. Similar legislation did not pass at the conference stage last year when the U.S. Congress adjourned. The Association of Home Appliance Manufacturers (AHAM) and leading suppliers have supported enactment.
The idea for incentives came from an agreement among manufacturers, government agencies, and conservation organizations. Manufacturers would receive a per-unit tax credit to accelerate production and market penetration of super-efficient refrigerators and clothes washers.

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