Here is a break down of how the Government Stimulus Financing can work for you. There is a option for everyone’s needs and budgets.
The Basics
The first step to making your building energy efficient is starting with the most basic elements. This is the Building Energy Experts approach. Energy Reduction of 20 – 40% can be achieved by making adjustments to the building envelope.
Tax Credits:
- Up to $1500.00 for improvements*
- Covers Insulation, Air Sealing, Doors, Windows, and Roofs.
Heating and Cooling Systems
After sealing the building envelope and improving the insulation levels, the next step toward a energy efficient building is your heating and cooling system.
Tax Credits:
- Up to $1500 for improvements
- Covers high efficiency furnaces, boilers, air conditioners, water heaters, air source heat pumps and biomass stoves
Alternative Energy
Now that you have a efficient building envelope and a high efficiency heating and cooling system you can take full advantage of a Alternative Energy Source. Things such as the Windspire, Solar Panels, and Geothermal heat pumps all qualify for this generous incentive
Tax Credits:
- No $ cap for improvements!
- Covers Windspire, solar photovoltaic, solar water heating, and geothermal heat pumps
- Pays 30% of cost of installation (labor and materials)
Tax Incentives for Energy Efficiency
This link is the most comprehensive source of information on state, local, and federal grants, incentives and policies that promote renewable energy and energy efficiency.
Energy Efficient Financing
If you were shopping for a home and found one that was well built, comfortable, had lower-than average monthly energy costs, and required no additional income to pay for it, would you stop shopping? Find out how an energy mortgage increases buying power by enabling mortgage lenders to count the monthly energy bill savings that a home’s energy efficient features deliver as additional income!
