New Congressional Action Could Support Green Construction
Under Congressional legislation passed last month, the Department of Energy will have more funds to support building efficiency. The United States Green Building Council reported that the DoE is gaining $794 million more in program support than it had in the previous year.
For small and medium-sized buildings, this includes $10 million set aside for improvements, the source notes. The same package contains special incentives for energy efficient commercial buildings, including a tax deduction updated to prepare for the new year. Wind and solar energy producers will see existing incentives extended for five more years, as the initiative allows relevant projects greater and more immediate access to these tax breaks.
This comes at a momentous time for the DoE, as it announced other efficiency standards last month as well. In a statement on its blog, the department noted new heating and cooling standards that will take effect in 2018 and increase efficiency over a period of several years. Ultimately, this change is expected to reduce utility spend by $167 billion.
The same article quotes Ernest Moniz, the United States Secretary of Energy, on the fortuitous timing of these standards.
“These standards are a direct result of the Energy Department’s negotiated rulemaking process which brings diverse stakeholders to the negotiating table and supports industry innovation, demonstrating how government and business can work together to meet U.S. carbon reduction goals,” Moniz said.
Green office solutions should help businesses better align with current opportunities offered by the government. Because these may change in the new year, the strategy your company uses to obtain environmentally friendly reused materials may have to as well.