July 28, 2005

Energy Bill Offers Tax Breaks

Homa Zaryouni:

After five years of trying, Congress is expected to clear an energy bill this week that provides a range of incentives for consumers to rein in energy use.

Here's how the energy bill could affect what we buy:

• Incentives to buy fuel-efficient appliances

• Incentives to buy hybrid vehicles

• The extension of daylight-saving time

• Expanded use of ethanol as a gasoline additive

• Reliability standards for power grid (aimed at preventing blackouts)

• Incentives for installing solar power at home

Posted by Erika Frederick at July 28, 2005 8:21 AM | Subscribe to this site via RSS:
Posted to Energy | Politics | Taxes