While being green is ideal, spending more money to help the environment is often costly and unrealistic. However, when the government adds incentive to home improvements that will already save you money – there’s little reason left to hesitate on which type you should choose.
We’ve all heard about Energy Star-qualified appliances, but did you know that the federal government is offering tax credits of 30% of cost up to $1,500?
This credit applies to biomass stoves, heating, ventilating, air conditioning, insulation, roofs, water heaters, windows, and doors. If none of these apply to you, the government is also offering 30% of cost with no upper limit on geothermal heat pumps, small wind turbines, and solar energy systems for homes.
While some of these home improvements such as solar energy panels may sound overwhelming or foreign, keep in mind that all of these improvements save energy, and you get 30% off right now with the tax credit which lowers the cost of newer technology. If you have an older water heater or roof, now might just be the best time to replace all of that with a far more efficient model at a cheaper price.
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