Tuesday, September 29, 2009
Home Energy Incentives Increase
You’ve heard about all the great tax incentives for greening homes with new windows and insulation, so how can you get in on the action? The best place to start is the federal web site, DSIRE, which spells out incentives specific to your state. Existing homes are eligible for a series of efficiency measures that pertain to the home envelope, worth 30% of the cost of equipment. There is a $1,500 cap on the credit per home, including the amount received for heating, cooling, and water heating equipment.
“Features like properly installed insulation, high-performance windows and high efficiency heating and cooling can reduce home energy needs by 20 to 30 percent, saving American families thousands of dollars on their utility bills," according to EPA Administrator Lisa Jackson.
source: Eco Hatchery