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Motor rebate legislation takes step with Senate bill
NEMA announced in early June that Sen. Blanche Lincoln (D-AR) has introduced legislation that would create a $700 million motor rebate program for energy-efficient motors. This "crush for credit" proposal has been introduced in the Senate as S. 3436 and has been referred to committee.
A similar bill (HR 4031) was introduced in the House of Representatives last November.
The proposal creates a federal rebate program that will provide a $25 per horsepower rebate for the purchase of NEMA Premium® energy-efficient motors. It also provides a $5 per horsepower rebate for the proper disposal of the less efficient, non-NEMA Premium motors.
To follow the Senate bill, go to http://www.govtrack.us/congress/bill.xpd?bill=s111-3436.
To follow the House bill, go to http://www.govtrack.us/congress/bill.xpd?bill=h111-4031.
And of course EASA will keep you informed as we learn more information.
