NEMA endorses Building STAR rebate proposal to fund energy-efficient building retrofits

Source: PlantServices.com

Apr 06, 2010

The National Electrical Manufacturers Association (NEMA) has joined a coalition of 80 contractor groups, unions, manufacturers, businesses, financial services companies and energy-efficiency advocates to advance the adoption of Building STAR, a proposal to makeover America's commercial and apartment building infrastructure with more energy-efficient technologies, creating thousands of jobs in the construction, manufacturing and other high-skilled sectors on the economy.

Introduced March 4 as S. 3079, Building STAR Energy Efficiency Rebate Act of 2010, the bill is a package of rebates and financing incentives for building owners to upgrade their property's energy efficiency, including interior and exterior lighting, energy management, HVAC, motors and drives. It is estimated that the prospective $6 billion in funding for the Building STAR program would spur $18 to $24 billion in total program spending, creating up to 200,000 jobs, particularly for the hard-hit construction industry, as well as manufacturing and other industries.

Learn more about Building STAR.

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