Mar 08

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Rebates and Incentives

As the seasons change we often realize that the home we live in may not be as comfortable as it once was, or even the look. When the climate outside changes homes are affected, the earth beneath shifts and moves and when this happens cracks and openings arise. Over periods of time you may notice that your home is not as air tight as it once was. There are many home repairs and improvements that you can do yourself, or would like to do. Like upgrading your new windows, adding insulation, or replacing old appliances.

· State and Federal government have programs in affect to help to make your home more energy efficient and to lower energy costs. For instance consumers who purchase and install specific products, such as energy-efficient windows, insulation, doors, roofs, heating and cooling equipment in existing homes can receive a tax credit for up to 30% of the cost, up to $1500 for improvements “placed in service” starting January 1st 2009 through December 31st 2010.


Utility companies even offer rebates to further lower energy costs. Let’s say you wanted to upgrade to a Tankless Natural Gas water heater, you will get $200 rebate, or thinking of replacing that old furnace, you could get a $200 rebate. (Rebates vary by State). Most utility companies can give a bundled discount meaning that if you were to install a tankless water heater and a High Efficiency Forced Air Furnace you may qualify for $500 rebate under the Heat and Water Systems Together. There are also programs available if you are planning to build a new home.

· For instance Energy Star Natural Gas & Electric can receive a $900 rebate or Natural Gas only at $650 rebate. (Rebates vary by State) check with your local utilities for more details. Also if you have an existing home with electric water heater and want to switch to a gas water heater or tankless water heater rebates or incentives may be available. What I have found is Gas water heaters cost more to purchase but are very efficient so your overall energy bill is less.

· Electric water heaters cost less to purchase but the overall energy bill is more, both are good units you will need to decide which is best for your home and your budget. Another benefit utility company’s offer is if you want to switch say from Gas to Electric, or Electric to Gas you may get a rebate for that as well, the detail to remember is that even though utility companies are willing to help, they will often compete with one another to get your business.

· Every Little Bit Counts!!!

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