So for somebody that goes into their home and puts in energy efficient windows or a solar system or solar hot water, they can get 30 percent tax credit on that. It is very interesting that, again, during the recess, the number of new businesses that come about as a direct result of that tax credit, advertising all over the radio about this company or that company going to be putting in new windows or a solar system, so businesses are actually coming about because of the tax credit that's available to homeowners.
John Garamendi: “So for somebody that goes into their home and puts in energy efficient windows or a solar system or solar hot water…”
Editor's note · Context
Garamendi discusses the impact of tax credits on energy efficiency improvements and new business creation.
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