Energy Tax Credits
-
Tax Credits for Residential Fuel Cells
While residential fuel cells are as expensive as they are energy efficient, a federal tax credit could entice more homeowners to give the green technology a try. Read
-
Energy Tax Credits: Beware False Promises
Not all home improvements qualify for federal energy tax credits, no matter how compelling a sales pitch sounds. Read
-
Tax Credits for Geothermal Heat Pumps
Energy-efficient geothermal heat pumps cost a lot up front, but an expanded federal tax credit combined with lower heating and cooling bills speed up the payback. Read
-
Homebuyer Tax Credit: What You Need To Know
Long-time homeowners and first-time homebuyers may benefit from a new federal tax credit when purchasing a home. Read
Visit houselogic.com for more articles like this.
Copyright 2010 NATIONAL ASSOCIATION OF REALTORS®
Have you considered Geothermal Heating & Cooling as opposed to standard heat pumps/air conditioning systems? Also called GeoExchange, this system makes use of the near constant temperatures in the ground. In the winter, heat is drawn from the ground into the system to keep you toasty warm. And in the summer (Alabama and Georgia summers too), it sheds heat from the house and draws in the cool from the ground.
A GeoExchange system can radically lower your electric bill.
Make sure to check out the tax credits allowed when you install one of these systems - 30% of expenses, including installation and labor. Best of all? There's no upper limit.
Download the EPA Energy Star Guide to Energy Efficient Heating & Cooling in English or Español
