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6 Ariz. J. Envtl. L. & Pol'y [i] (2015-2016)

handle is hein.journals/arijel6 and id is 1 raw text is: 











                                       THE WHOLE HOME APPROACH:
     SPURRING HOME ENERGY EFFICIENCY THROUGH A RENEWABLE
                        AND TRANSFERRABLE PROPERTY TAX INCENTIVE
                                                                          Erk Smith*

        A green, energy efficient residence is idea!for many current and future homebuyers, as
homeowners have become increasingly aware of their current environmental fooprnt and the
potential financial savings associated with an energy efficient home. Unfortunately, a green home can
also be an expensive home. Alternative energy sources, along with energy efficient building materials
and appliances, frequently cost more than the industy standard and their non-renewable energy
counterparts, such as ossil fuels. This paper discusses the energy rating standards currenty used,
and then explores the idea of a transferable, long lasting propery tax incentive or the homeowner
based on the overall energy rating of a home by appying a standard such as the Home Energy
Rating System (HERS') or LEED       certification process as opposed to, or in addition to, the
current and itemized deductions approach. Such an incentive may spur larger investments in older
homes and support the government's goal of reducing energy consumption and the homeowner's goal
of saving mone.



















* Erik is a third-year law student at the University of Arizona James E. Rogers College of Law, where
he serves as Senior Note Editor on the ArzZona Journal of Entronmenta Lax c_ Po/iy. He graduated
magna cur laude from Arizona State University in 2011 with a Bachelor of Art in English.
1 Amy Bray, How to Oeate A Green Communiy Take Eco-Ftiendy Building A Step Further, PRAC. REAL
EST. LAW., July 2008, at 47, 52.

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