The Indiana Manufactured Housing Association (IMHA) tells MHProNews that tax credits for ENERGY STAR ® rated Manufactured Homes has been extended through 2014. A few days ago, President Obama signed into law the Tax Increase Prevention Action, a.k.a. “Extender Bill,” retroactively extending the $1,000 per home tax credit for producers of ENERGY STAR ® manufactured homes.
The credit is available for homes certified through the end of 2014. To qualify, the home’s ENERGY STAR ® checklist must be completed and dated before January 1, 2015.
IMHA also advises that there are some important manufactured home program changes on the horizon.
“First, the ENERGY STAR requirements adopted in 2005 will remain unchanged for 2015. This means that the process and requirements will remain the same for next year, despite the fact that ENERGY STAR requirements for site and modular builders have become more stringent over the past few years.”
IMHA states that ENERGY STAR for manufactured homes will almost certainly change in 2016, in step with the anticipated changes in the industry energy standards soon to be announced by the Department of Energy.
In addition, there are other incentives available in various states for ENERGY STAR manufactured homes.
The Systems Building Research Alliance (SBRA) is operating rebate programs for homes in Tennessee and parts of Kentucky, North Carolina, Virginia, Mississippi, Alabama and West Virginia. Generally, the rebate goes to the plant and ranges between $1,200 and $1,300.
There is also some debate within the industry on who should get the credit. Should it go directly to consumers, or should it go the producting plant? MHProNews will monitor developments on the Energy Star program as they occur. ##
(Graphic Credit: Heritage Home Center)
Article submitted by Sandra Lane to – Daily Business News – MHProNews.