Are you considering any renovations to your property this year? If you make energy efficient choices, you may be eligible for significant tax credits. The American Recovery and Reinvestment Act of 2009 encourages homeowners to help the nation reduce its great dependence on energy by making green choices.
New energy efficient windows, doors, insulation, roofs, HVAC systems, water heaters and biomass stoves will bring a credit to you of up to 30% of the cost, with a cap at $1500. But more heavy duty systems, like solar panels, solar water heaters, geothermal heat pumps, small wind energy systems and fuel cells, will bring a credit of 30% of the cost with no upper limit and you can benefit from these credits through the end of 2016!
If you are not planning any major work, there are still some relatively easy things you can do to live greener and save energy along the way.
- Install low flow toilets and showerheads in your bathrooms.
- Update your thermostats for maximum efficiency.
- Insulate your attic.
- Seal air leaks.
- Use energy efficient light bulbs.
- Unplug your chargers when they are not in use.
For more information on Federal Tax Credits for Energy Efficiency, click here.
Posts
No comments:
Post a Comment