Table 1. Tax Credit Proposal for Energy-Efficient Building Equipment
| Technology | Minimum Efficiencya | Time Frame for Purchase | Tax Credit |
| Efficient Equipment | |||
| Air-source heat pump | Heating: 9 HSPF Cooling: 13.5 SEER |
2000-2001 | 10% of purchase price up to $250 |
| Central air conditioner | 13.5 SEER | 2000-2001 | 10% of purchase price up to $250 |
| Advanced natural gas water heater | 0.65 EF | 2000-2001 | 10% of purchase price up to $250 |
| Higher Efficiency Equipment | |||
| Air-source heat pump | Heating: 9 HSPF Cooling: 15.0 SEER |
2000-2003 | 20% of purchase price up to $500 |
| Central air conditioner | 15.0 SEER | 2000-2003 | 20% of purchase price up to $500 |
| Advanced natural gas water heater | 0.80 EF | 2000-2003 | 20% of purchase price up to $500 |
| Electric heat pump water heater | 1.7 EF | 2000-2003 | 20% of purchase price up to $500 |
| Natural gas heat pump | Heating COP: 1.25 Cooling COP: 0.70 |
2000-2003 | 20% of purchase price up to $1,000 |
| Fuel cellb | Electricity generation: 35% Minimum capacity: 5 kilowatts |
2000-2003 | 20% of purchase price up to $500 per kilowatt of capacity |
| aUnits for
efficiency measures are presented as given in the Department of the Treasury's explanation
of the CCTI proposals: HSPF, Heating Seasonal Performance Factor; SEER, Seasonal Energy
Efficiency Rating; EF, Energy Factor; COP, Coefficient of Performance. bUses an electrochemical process to generate electricity and heat. Source: U.S. Department of the Treasury, "General Explanations of the Administration's Revenue Proposals" (February 1999). |
|||