Why Invest in Energy Efficiency Products?
Consumers who employ energy-efficient products in their homes or drive fuel-efficient vehicles enjoy multiple benefits. At home, these benefits include lower home energy bills, increased indoor comfort, and causing less air pollution. On the road, consumers will increase their mileage so they lower their gasoline costs, and they will dramatically reduce the amount of air pollution from their vehicles. In addition to helping savvy consumers lower their energy bills at home and on the road, the energy-efficient products eligible for the new federal tax credits actually lower the amount of federal income taxes that these taxpayers must pay Uncle Sam. In some areas of the country, consumers also will be eligible for utility or state rebates or state tax incentives for the same homes, vehicles, and equipment. Contact your state energy office or local utility for more information. What is a tax credit? You don’t receive an income tax credit when you buy the product, like an instant rebate. Y
