Solar versus conservation tax credits

Journal Article · Mon Jul 01 04:00:00 EDT 1985 · Energy J.; (United States)

DOI:https://doi.org/10.5547/ISSN0195-6574-EJ-Vol6-No3-12· OSTI ID:5156415

Petersen, H C

The conservation tax credit and the credit for renewable energy systems expire at the end of 1985. Assessments of these programs must compare their benefits and costs. In response to work by Carpenter and Chester, which found that conservation credits have done little to stimulate conservation expenditures, but that the renewable energy credit has increased the demand for solar space and water heating systems, the author uses more recent data and income distribution effects of the tax credits to reassess the incentives. He concludes that 15% residential tax credits are not as important as energy savings in conservation investment decisions, while the 40% credit for renewable energy systems can make a difference. 3 tables.

• Research Organization: Utah State Univ., Logan
• OSTI ID: 5156415
• Journal Information: Energy J.; (United States), Journal Name: Energy J.; (United States) Vol. 6:3; ISSN ENJOD
• Country of Publication: United States
• Language: English

Related Subjects

14 SOLAR ENERGY
140300* -- Solar Energy-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
291000 -- Energy Planning & Policy-- Conservation
299001 -- Energy Planning & Policy-- Solar-- (1989-)
COMPARATIVE EVALUATIONS
COST BENEFIT ANALYSIS
ECONOMIC ANALYSIS
ECONOMICS
ENERGY
ENERGY CONSERVATION
ENERGY SOURCES
FINANCIAL INCENTIVES
GOVERNMENT POLICIES
INVESTMENT
RENEWABLE ENERGY SOURCES
SOLAR ENERGY
TAX CREDITS