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AHRI Calls for Extension of Energy Efficiency Tax Credits
December 14, 2011
Contact:
Francis Dietz, Vice President, Public Affairs
Direct: 703.600.0355

Cites homeowner energy and cost savings, employment benefits

Arlington, Va. — The Air-Conditioning, Heating, and Refrigeration Institute (AHRI) today called on Congress to extend and expand tax credits for residential energy efficiency improvements that are set to expire at the end of this month. The call is a follow-on to a letter AHRI and members of the Residential Energy Efficient Tax Credit Industry Coalition sent to Congress last week in support of extending the credit for another year, and expanding it to $1,000 for specific efficiency improvements.

“These tax credits have been successful in helping homeowners save money on utility bills by upgrading to more efficient heating, air conditioning, and water heating systems,” said Stephen Yurek, AHRI President and CEO. “In addition, the credit has achieved its purpose of saving energy, while protecting employment in the manufacturing, distributing, and contracting industries.  With the economy just showing signs of growth, now is not the time to scale back,” he added.

Even in tight budgetary times, it is important for Congress to understand that the widespread benefits of these credits far outweigh the cost to the treasury, Yurek said.

AHRI is working with its members to urge their Congressional representatives to sign on to a letter from Peter Welch (D-VT) and David McKinley (R-WV) to House Speaker John Boehner and Minority Leader Nancy Pelosi, seeking support for extending the credits.



About AHRI
The Air-Conditioning, Heating, and Refrigeration Institute (AHRI) is the trade association representing manufacturers of air conditioning, heating, commercial refrigeration, and water heating equipment.  An internationally recognized advocate for the industry, AHRI develops standards for and certifies the performance of many of these products.  AHRI’s 309 member companies manufacture quality, efficient, and innovative residential and commercial air conditioning, space heating, water heating, and commercial refrigeration equipment and components for sale in North America and around the world.