Make Sure You Get These Energy Efficiency Credits!

Make Sure You Get These Energy Efficiency Credits!

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Jason Yang
Nov 29, 2011
The average household spends over $2,000 on home energy costs each year. By spending a little extra and buying energy efficient products, you can reduce your home's energy costs significantly. But if it costs money to save money, is it really worth it? With up to $1,500 annually in federal tax credits and energy programs brought to you by your local utility companies, there are many ways to make up the extra cost difference. You've just got to know where to look, and we start you off on your quest to save money. The government-run Energy Star website has a list of what's included in the tax credit, so make sure to check out the website for details. Biomass Stoves: $300 Air Source Heat Pumps: $300 Central Air Conditioning: $300 Gas, Propane, or Oil Hot Water Boiler: $150 Natural Gas, Propane or Oil Furnace: $150 Insulation: 10% of the cost, up to $500 Roofs (Metal & Asphalt): 10% of the cost, up to $500 Gas, Oil, Propane Water Heater: $300 Electric Heat Pump Water Heater: $300 Windows, Doors, Skylights: 10% of the cost, up to $500, but windows are capped at $200 Also check with your utility companies as they often list available rebates and discounts. Many also provide savings programs with smart meters and other ways to reduce energy usage (and lower your bill!). Energy Efficiency at Unplggd: (Sources: EnergyFacts) (Image: Flickr member Andy Melton licensed for use under Creative Commons)
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