Join Our Mailing List!
Latest News:
Many Enjoy the YCC Women’s Gala Day Garden Party -- "The Youghiogheny 18-Hole Women’s Golf Association hosted its annual Gala ..." -- 01 August 2017
MMCT Art Competition on Display through August ... -- "The final exhibit for the MMCT Art Competition will be displayed at the ..." -- 01 August 2017
Elizabeth Township Historical Society Seeks Log ... -- "Artists and crafters are wanted for Greenock Log House Days from 10 a.m. to 5 ..." -- 01 August 2017
Rep. Cook Announces August Satellite Office Hours ... -- "Representative Bud Cook’s district office staff will be available at the ..." -- 01 August 2017
Brownsville Ducky Race 2017 Planned for August 5th -- "The Brownsville Area Revitalization Corporation (BARC) will hold its 9th annual ..." -- 01 August 2017
Perryopolis Farmers’ Market in Full Swing This ... -- "Every Saturday, Perryopolis Farmers’ Market will run from 9 a.m.-12 p.m. ..." -- 01 August 2017
Donora Resident Needs Help and Support After ... -- "On July 12, 2017, Donora Resident Bernie Sandy made a life-changing dive into ..." -- 01 August 2017
CAHS, Inc. Annual Reunion Picnic Event Features ... -- "Charleroi Area Historical Society Program President Kenneth Thompson welcomed ..." -- 01 August 2017
Blaine Hill Firefighters and Local Bikers Work ... -- "By Charlotte Hopkins Blaine Hill Fire Department has teamed up with a variety ..." -- 01 August 2017
South Park’s Oliver Miller Homestead Hosts ... -- "By Christen M. Stroh On Sunday, July 16, 2017, the Oliver Miller Homestead in ..." -- 01 August 2017

Home & Garden

(BPT) - If you're planning to make some home improvements this year, you're probably thinking about energy-efficient options, knowing they can save you money in the long run. However, many eco-friendly home improvements that help lower your energy bills can also pay off right away in the form of rebates and tax credits.

30593904 original
Energy-efficient devices such as water heaters may lead to a tax savings 

Whether you're considering installing an energy-efficient tankless water heater, putting solar panels on your house, or adding a skylight, chances are you can find a program that will put cash back in your pocket for improving your home's energy efficiency. Here is where to look for rebates, tax credits and rewards for your energy-efficient home improvements:

Qualifying improvements

When you think of energy efficiency, insulation and appliances probably come to mind. But a number of improvements can help reduce your home's energy consumption, and many of them qualify for tax credits, rebates and incentives from a variety of sources. The kind of improvements that can make your home more efficient and get you some cash back typically include:

* Solar energy systems (such as solar panels)

* Tankless water heaters

* Solar-powered appliances

* Energy-efficient windows and doors

* Skylights and solar-powered blinds

* Wood or wood-pellet stoves

* Home wind turbines

Manufacturer rebates and incentives

Makers of energy-efficient products and appliances often offer their own rebates to homeowners for making eco-friendly upgrades. If you're considering an energy-efficient upgrade such as installing new windows, HVAC system or tankless water heater, be sure to ask the retailer or installer about any available manufacturer's rebates.

For example, now through at least Feb. 15, 2017, you can get up to a $650 rebate on select tankless water heaters from Noritz. The average American household spends nearly 18 percent of its energy use on heating water, at a cost of $200-$600 per year, according to the U.S. Energy Information Administration. Tankless water heaters are more energy-efficient because they only heat water when you need it, rather than constantly consuming fuel to keep water hot in a tank. To learn more about tankless water heaters and the rebate, visit www.noritz.com.

Federal tax credits

Although many tax credits for energy-efficient home improvements expired at the end of 2016, some are still available. The federal government offers a tax credit of up to 30 percent for home solar energy systems through Dec. 31, 2019, and there's no upper limit on the credit, according to EnergyStar.gov.

If you'll be making energy-efficient home improvements, be sure to talk to your professional tax preparer about any credits or deductions that may be available to you from the federal government.

State-level programs

In addition to federal programs, a number of states offer their own incentives to encourage homeowners to make energy-efficient improvements. For example, Alabama allows homeowners to deduct 100 percent of the purchase price and installation costs of a wood-burning heating system. In Minnesota, homeowners can borrow up to $20,000 at 4.99 percent interest to make energy-efficient improvements such as water heaters, lighting, furnaces, air conditioners, insulation, windows, tankless water heaters and more.

You can find a searchable Database of State Incentives for Renewables & Efficiency at www.dsireusa.org.

Utility company incentives

Many utility companies also offer programs designed to help homeowners reduce energy consumption and save money. Typical programs include free LED or CFL bulbs to replace incandescent bulbs in a home, and rebates or discounts for installing energy-efficient HVAC equipment or programmable thermostats.

The best way to find out what programs your local utility offers is to check out their website or give them a call. You can also find state-specific lists of programs at www.dsireusa.org.

Energy-efficient home improvements pay off over the long-term by reducing your home's energy consumption and utility bills. With a little bit of planning and legwork, you can also find rebates, tax credits and incentive programs that will also repay your eco-friendly investment right away. To learn more, visit Noritz.com, www.direusa.org, energy.gov, energystar.gov and irs.gov.

feldserad

 

Filipponi webad

RealEstate270x64


Bartons Bake shop banner

PaVendors-web-ad

Trinity 275

Slagle 275

Mon Valley Hospital

  • Prev
  • Featured Advertisers
Scroll to top