Energy Efficiency Tax Credits – What Are They and Who Are They For?
Perhaps one of the most obvious reasons why many individuals are choosing to go green is because they’re hoping to receive energy efficiency tax credits. The Energy Policy Act was originally introduced in 2005, and it has been amended since then in order to encourage more people to check into eco-friendly solutions. Under President Obama, act has been extended a great deal, and is now known as the American Recovery and Reinvestment Act of 2009. Consumers who wish to use energy-efficient vehicles, utilities, and resources MAY be eligible for tax incentives and state rebates. The laws very from state to state and county to county. Some of the tax credits available are intended for those who wish to improve their homes, residences, and vehicles by using renewable energy and making energy efficiency improvements. Choosing to go green is a wise choice, not only because it’s helpful to the environment, but because the homeowners may be eligible for energy efficiency tax credits as well. Cons
Related Questions
- Are home improvement loans, financing, or energy efficiency tax credits available through Home Performance with ENERGY STAR?
- I’m hearing about the tax credits for energy efficiency upgrades to a home. How do they work and what do they mean to me?
- What are the Renewable Energy / Energy Efficiency Rebates / Tax Credits?