This petition requests the introduction of bills and amendments authorizing renewable / alternative energy tax credits, specifically for individual consumers, in any legislation related related to tax code overhaul or energy policy. Specifically supports application of tax credits to H.R. 737.
As energy prices continue to skyrocket, it is clear that the United States must move aggressively toward energy independence. An integral component of any such comprehensive policy making includes the need for congress to incentivize residential energy consumers in moving toward alternative and renewable energy sources in their homes. While the technology exists to significantly reduce fossil fuel energy consumption at the residential level, there is no economic incentive for individual consumers to invest in alternative energy solutions (ex: solar, wind, micro-hydro, etc.) to meet their home energy needs.
The petitioners request that congress, and specifically the House Subcomittee on Energy and Air Quality (chartered to deal with renewable energy resources), move immediately to develop and authorize a package of tax credits as an incentive for residential energy consumers to move from fossil-fuel based energy sources to renewable / alternative energy sources and equipment. Modest tax credits would immediately make technologies such as photovoltaics, wind power generation, passive solar heating, and micro-hydro generation affordable and within the means of the average residential consumer.
It is requested that such credits be written into or amended to pending legislation such as H.R. 737, the Renewable Energy and Energy Efficiency Act of 2005, as introduced by Rep. Woolsey, and referred to the Subcommittee on Energy. It is further requested that individual members of the committee consider amending or supporting such credits to any introduced legislation dealing with the federal tax code and/or energy policy in general.