Save Energy And Money On Taxes At The Same Time In an effort to help promote alternative energy and energy conservation, the federal government is offering some tax credits to people who buy certain products like insulated windows, energy-efficient heat pumps and hybrid cars. In August of 2005 the federal government passed the Energy Policy Act, and the resulting tax credits went into effect January 1 of 2006. Not only are energy-efficient produ…
Filed under Tax Refunds by on Sep 28th, 2009. 
eating Seasonal Performance Factor (HSPF) of 9 or greater, SEER of 15 or higher and EER of 13 or higher. In addition to providing tax savings, these high-efficiency products will make it easier for homeowners to reduce energy consumption and lower their energy bills. To qualify for the tax credits, homeowners will need to verify the efficiency of the equipment and the date when it was placed in service. The equipment must be installed between Jan…
Filed under Tax Refunds by on Aug 16th, 2009.
Making energy-efficient home improvements and purchasing fuel-efficient hybrid electric vehicles is no longer just an environmentally friendly move -making these purchases could save you money at tax time. That’s because the Energy Policy Act of 2005 will offer consumers federal tax credits for making energy-efficient purchases. Using energy-efficient appliances and installing better windows and insulation can provide many benefits. In ad…
Filed under Tax Refunds by on Aug 20th, 2009.
Homeowners looking to cut their tax bills may want to rethink their water heaters. A recently signed law allows people to take as much as a $300 tax credit if they install a tankless water heater in their house. The new tax credit is meant to encourage U.S. residents to better manage their energy consumption through the use of more efficient technology. Switching to such technology carries the added benefit of reducing utility bills overall eve…
Filed under Tax Refunds by on Aug 22nd, 2009.
As we sit in the middle of winter, most people cant believe how high their utility bills are. Going with solar energy can lower your bills and you get a hefty tax credit Solar Tax Credit Solar energy is a clean, renewable energy source. The production of solar energy on residential and commercial structures creates no pollutants and is starting to make serious financial sense. In 35 states, the concept of net metering is now an established fact….
Filed under Tax Refunds by on Oct 8th, 2009.