110-H.R.2305

To amend the Internal Revenue Code of 1986 to provide a five-year applicable recovery period for depreciation of qualified energy management devices.

5/14/2007--Introduced.

Energy Conservation through "Smart Meters" Act of 2007 - Amends the Internal Revenue Code to assign a five-year recovery period for depreciation of qualified energy management devices placed in service by a supplier of electric energy or a provider of electric energy services. Defines an "energy management device" as any time-based meter and related communication equipment used to measure and record electricity usage data on a time-differentiated basis in at least 24 separate time segments per day.

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