It’s that time of year again, and although we have written about Energy Efficiency tax credits for 2011 before, if you had work done this past year, it might be time to review. You can also go to our learning center for solutions to common problems we fix in homes just like yours, as well as links to our franchise locations; they can provide details about incentives available in their area.
Many of the federal tax credits ended in 2011, but not all of them. What will continue for 2012, are credits for some renewable energy systems. Solar water heating and photovoltaic systems, small wind systems, and geothermal heat pumps, are all eligible measures through 2016. If you are thinking of alternatives, consider our interactive online home to get a better sense of whether or not these types of improvements are really what you need this year.
Alternative energy systems can be expensive, and it often makes the most sense to install them in homes that are very efficient from the start. You might be surprised by what some simple measures can save you money. Tax credit or not, insulation, air sealing and efficient heating and hot water systems can pay for themselves in short order. Simple measures that cost less and save you more!