NEMA Sees Tax Provisions In Senate Energy Legislation As Win For Electrical Business

With the backing of the National Electrical Manufacturers Association (NEMA), Washington, D.C., the Senate passed energy tax provisions for a new Senate energy bill with a vote of 92-5 on May 11.

The most interesting aspect of the bill for the electrical wholesaling industry is the Commercial Building Tax Deduction, which offers incentives for the use of energy-efficient electrical systems. The tax incentives also include a provision to reduce the depreciable lives for electric transm

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