As I write this blog, I’m also writing to Quanex’s senators asking them to support the Sensible Accounting to Value Energy (SAVE) Act Amendment as part of a larger energy bill. The amendment could be voted on at any time, so we have to act quickly—and it only takes a few minutes!

How will this benefit you? Both the Energy Savings and Industrial Competitiveness Act and the Murkowski bill Energy Policy Modernization Act are good legislation, but over the past year they have been stripped of one key component, the elements of the SAVE Act. It creates an opportunity to change appraisal rules to take into account the value of energy-efficient upgrades.

In short, the SAVE Act, as it stands today, promises to:

  • Spark job creation and innovation in the housing and manufacturing industries;
  • Enable better mortgage underwriting;
  • Reduce utility bills for homeowners; and
  • Provide affordable financing for home energy improvements, such as window and door replacements.

The View from Here is that both bills are good for the fenestration industry and I am encouraged they are getting on the legislative agenda so early in the new year. But they could be great if the SAVE Act amendment is included. It would really help consumers justify energy-saving windows.

I have to get back to writing to our senators. I suggest you do the same. Here’s how:

  1. Find your senators’ contact information;
  2. Call your senate offices (both of them);
  3. When you speak to your Senate offices (or leave a message), tell them:
  • Your name;
  • Your company, and that you operate and support jobs in their state;
  • Ask for the senator to support the SAVE Act (Amendment #3042) as an amendment to the comprehensive energy bill the Senate is discussing this week; and
  • Tell them that the SAVE Act should apply to all federal home mortgage rules – and that the SAVE Act would make it easier for people to live in energy-efficient homes and would help companies like yours do more projects.

This simple act can make a difference. What’s your view? Email me directly at Eric.Jackson@Quanex.com.

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