January 1st marked the end of some attractive tax breaks for homeowners who sought to make their homes more energy efficient.

While there certainly were perks for taxpayers, the $858 billion tax bill signed by President Barack Obama in December extended but dramatically cut the dollar amount of tax credits available for energy-efficient home retrofits.

Instead of the maximum tax credit of 30 percent of a project, or up to $1,500, the 2011 credit is 10 percent of a project, or no more than $500. Other restrictions apply, too, like a flat $200 limit for new windows and a $300 limit for the installation of a new water heater. There’s an additional piece of bad news for consumers who were making energy improvements to their homes in phases: Homeowners who already took advantage of the program aren’t eligible for another tax credit.
Read the rest of this entry »

New York City’s iconic Empire State Building, once the world’s tallest building, has been undergoing a multi-million dollar green renovation that will now extend to the power that’s used by the 102-story Art deco landmark’s tenants.

Malkin Holdings, which operates and maintains the 2.85 million square-foot office building has announced it will buy 100 percent of its power from a wind farm owned by Green Mountain Energy Company.

“It was a natural fit for us to combine 100 percent clean energy with our nearly completed, groundbreaking energy efficiency retrofit work,” said Anthony E. Malkin, President of Malkin Holdings, which runs the building, said in the announcement.

“Clean energy and our nearly 40% reduced consumption of watts and BTUs gives us a competitive advantage in attracting the best credit tenants at the best rents,” he said.

The two-year contract for 55 million kWh of renewable energy annually will prevent nearly 100 million pounds of carbon dioxide emissions each year, the firm said.

Read the rest of this entry »

By: Steve Cowell

As our economy continues to sputter, one little-noticed industry has been booming for a while now: energy efficiency. The sector is hiring like crazy — a fact that speaks volumes about the close relationship between clean energy and the economic recovery that we’re all waiting for. Energy efficiency could save us all.

My firm works with utilities, government agencies, housing authorities, and other groups to help increase energy efficiency. We started in 1984 with three employees and one office. Today, we have nearly two dozen offices nationwide and employ 700 staffers from coast to coast. Most strikingly, we’ve added more than 250 people and 12 offices in just the last two years. The reason is crystal clear: Energy-efficiency services are in great demand. We are continuing to expand rapidly as more groups turn to us for help.

But energy-services firms are not the only ones that can benefit from the demand for energy-efficiency services. With the right programs in place, reducing power consumption can improve the bottom line for many other types of companies. Case in point: The building infrastructure in this country is old and inefficient. Retrofitting these buildings requires an army of workers. These include heating/air conditioning installers, insulators, and building inspectors. Many of these tradespeople are out of work and these retrofitting jobs can get them back on their feet. Products like insulation, caulk, triple-paned windows and doors, and high-efficiency heating and cooling systems will also get a boost. And that’s not all. The goods need to be made, inspected, shipped, and sold, widening the circle of employment opportunities for manufacturers, retailers, and distributors. This expanded workforce means people will have more money to spend.

Read the rest of this entry »

ATLANTA, Georgia–Shumate Mechanical, which has operated in Atlanta to provide residents with all of their heating and cooling demands since 1978, announces that it’s now the exclusive Bosch tankless water heater dealer for Bosch in Georgia. The condensing tankless water heater sold by Shumate Mechanical is state of the art. While actually cheaper than the non-condensing tankless water heaters on the market today from companies like Rinnai, Noritz, and Rheem, it is next generation technology that saves more energy.

In addition, the new Shumate-Bosch partnership is utilizing a proprietary and first of its kind program to actually let consumers buy the tankless water heating unit directly from Bosch online… and then, seamlessly arrange installation by Shumate within 24 to 48 hours by Shumate. This unique system is obviously faster and more customer-friendly than water heater ordering and installation systems have operated in the past. This is just one more way in which Shumate Mechanical seeks to maximize the benefits that customers derive from doing business with them.

Read the rest of this entry »

As the new construction market climbs out of the grips of the recession, it is still fighting a glut of existing homes that are priced to move. The element that is being used to level the playing field is home efficiency, and pending legislation that would help make it more affordable. It’s a ray of light for HVAC subcontractors who want to offer a true value proposition in the new home market. It could mean the cost of an upgraded HVAC system could be written into the home’s mortgage.

Lisa Marquis Jackson is vice president of John Burns Real Estate Consulting, Irving, Texas. She said that although the market is still very broad (with “a ridiculous amount of business models whose result is always to create a profitable home”); “this whole issue of energy efficiency, green, and home automation” is moving forward. In the not-so-distant past, it was more the domain of a custom home buyer. Now, “It’s migrating more to the mass home builder, who is offering more that can be touted as energy efficiency. They recognize the importance of it,” Jackson said.

The key for some customers is to promote energy efficiency rather than green; “Green can even have a negative connotation,” she said. “When you say energy efficiency, it’s a private benefit versus a public benefit.”

Read The Rest Of This Article