Crucial Tax Credit Extended for Green Home Builders

Don't forget about your possible green tax benefits either

When it comes to building energy efficient homes in Tennessee, Custom Smart Homes is the undisputed champion.  We've helped a variety of families make their green home dreams come true by helping them plan and build their ultimate energy efficient smart home.  Our modular building strategy allows our clients to have their homes built fast, and also saves them money on building costs.  Tennessee residents can appreciate the work we do in the state, and now other groups are trying to make sure that home builders across the country who specialize in building green homes get the recognition and benefits they deserve.

The Residential Energy Services Network (RESNET) is a non-profit organization that was founded in 1995 in order to help US residents reduce their utility costs by making their homes more energy efficient.  The U.S. Department of Energy, the U.S. Environmental Protection Agency and the U.S. mortgage industry all recognize RESNET as an important ally in the fight to make American homes more eco-friendly.  RESNET's recent bi-partisan lobbying work has ensured that home builders who specialize in building energy efficient homes can still receive a much needed tax credit.

Before RESNET efforts the Energy Efficient Homes Tax Credit was due to expire in the near future, but now the important tax credit has been extended to December 31, 2013.  The new tax credit extension is part of the American Taxpayer Relief Act of 2012, and the extension of the important credit shows how important energy efficiency is even during difficult economic times. 

The tax credit extension won't just help home builders; it'll help the millions of people in the country who want to own an energy efficient home.  The tax credit home builders receive will help them save money on labor and supply costs, and their savings will trickle down to home owners.  Home builders who wish to qualify need to prove that the heating and cooling energy consumption levels of their new homes are at least 50% lower than those of comparable homes constructed as per the 2006 IECC.