Thank You Soldier
Friday, October 26, 2012
IEC Submits Comments On 2014 National Electrical Code
October 17 was the deadline to submit comments for the 2014 National Electrical Code. IEC staff and IEC members on code making panels submitted over 40 comments for the 2014 NEC, covering an array of issues important to electrical contractors.
IEC has two members seated on each of the 19 NEC Code Making Panels to represent the interest of electrical contractors. This year, IEC representatives, under the direction of Terry Cole, Chairman of the IEC National Codes and Standards Committee, have attended meetings and are holding conference calls in preparation of the 2014 NEC.
One important issue this year is a proposal to change all references in the NEC from 600 volts to 1,000 volts. IEC is concerned this change will require increasing the spacing in electrical products, meaning electrical products may become larger and more expensive. In addition, this may necessitate changes to installation procedures as well as additional safety training and protective equipment for electrical workers. IEC is opposed to increasing the voltage from 600 to 1,000 volts until we have had more time to understand all of the ramifications of the proposed change.
The NEC Code Making Panels convene in
28 to December 8, 2012, where all panel members will consider the merits of
changes submitted for the 2014 NEC. Redondo
To review all NEC proposals for the 2014 NEC, ClickHere.
Wednesday, October 24, 2012
Late in 2010, the Acting General Counsel announced his intent to pursue additional remedies against employers alleged to have violated the NLRA. The recent decision in OS Transport LLC, 358 N.L.R.B. No. 117 (Aug. 31, 2012), is a good example of the NLRB's acceptance and enforcement of these remedial requests.
Monday, October 22, 2012
IEC Supports Extension of 179D Tax Credit
The Independent Electrical Contractors, the National Electrical Contractors Association (NECA), and dozens of other construction and real estate groups have signed a letter in support of Senate Bill 3591, the Commercial Building Modernization Act (CBMA), which extends and enhances the tax deduction at Section 179D of the Internal Revenue Code for energy efficient commercial and multifamily buildings. Buildings use more energy than any other sector of the
economy and consume more than 70 percent of electricity in the country. U.S.
179D was one of several key tax incentives enacted over the last several years focused on encouraging businesses to incorporate energy efficiency into their operational plans. 179D in particular relates to the design and construction of energy-efficient commercial building property. Intended to offset some of the costs of qualifying energy-efficient improvements to commercial buildings, the deduction allows building owners to take an immediate expense for the cost of property that would normally be recovered through depreciation. To qualify, energy-efficient improvements must reduce total annual energy and power costs with respect to the interior lighting, heating, cooling, ventilation, and hot water systems by 50 percent. Partial deductions are allowed.
179D expires at the end of 2013, but work on extending and improving this important deduction has already begun. Specifically, the CBMA improves Section 179D's effectiveness by making the tax incentive useable for a broader range of building owners, such as those owned by real estate investment trusts and certain LLPs. It also makes the incentive "performance based" and "technology neutral" mean that the greater the energy savings, the greater the deduction, and the incentive applies to projects not products, so owners and their contractors can decide among the best suite of efficiency measures that will achieve optimal energy performance in their assets rather than specifying particular equipment or products.
Learn more at www.ieci.org