Posts Tagged ‘rebate’

Energy Tax Credits for 2013: Available again!

January 9, 2013

greenhomes evergy infographic

One good result from the end of the year fiscal cliff hanger is an extension of the residential energy tax credit.

If you haven’t used it in the past, all the way back to 2006, there is a $500 tax credit for material costs of certain energy efficiency measures done to your home.

The American Taxpayer Relief Act extended the tax credit through 2013, making it retroactive from January 1, 2012. This means last year counts as well.

10% of the cost of materials, such as insulation, exterior windows, and doors that meet Energy Star requirements, can be used. Credits for window expenses are limited, as are AC units and furnaces, so a combination of improvements will help maximize what you can get, just perfect for home performance work on your home.

Check out http://www.irs.gov/ for more information. Or see the entire American Taxpayer Relief Act of 2012 here. Ask us we can help!

Thanks,
Jason

New York State Hurricane Relief Appliance Rebate Program

September 24, 2011

New York residents eligible for cash rebates to replace essential appliances damaged by Hurricanes Irene or Lee –

Parts of upstate New York were devasted by Hurricanes Irene and Lee which significant damage to many residents’ homes and properties – including their necessary appliances and equipment. Effective this week (Monday, September 19, 2011), Governor Andrew Cuomo launched an $8 million appliance rebate program to help those who sustained damages to their appliances and household equipment. This program is one of the many in place to help those affected by the storms recover as quickly as possible.

“Thanks to this program, homeowners in NY can make some good of a bad situation,” said Anthony Johnson, owner of A. Johnson Heating, Cooling and Plumbing, a Saratoga Springs-based company and GreenHomes America partner specializing in home energy assessments and upgrades. “These generous rebates not only save you money now, but with more energy-efficient appliances you’ll continue to save for the life of the appliance.”

New York Hurricane Appliance Rebate - Furnace, Boiler, Water Heater, RefrigeratorCandidates qualify by being a New York state resident and purchasing eligible ENERGY STAR® or high efficiency appliances to replace those damaged by the natural disasters.  Eligible products include refrigerators, clothes washers and dryers, dehumidifiers, furnaces, broilers and some water heaters. Rebates are substantial and range from $100 for a dehumidifier to $2,500 for a boiler. Purchases must be made on or after August 29, 2011 for those impacted by Irene and September 9, 2011 for those impacted by Lee. The U.S. Department of Energy’s State Energy Program (SEP) provided the funds to be used for the program and rebates are awarded on a first-come, first-served basis until they are exhausted.

“Many new appliances, like those with an ENERGY STAR® rating, are around 30 percent more efficient than older models,” adds Johnson. “If you replace three or four appliances with these more efficient models, that’s like eliminating an entire appliance from your energy bill.”

Those who wish to apply for the rebate can do so in one of two ways, either by filling out an application form on the rebate program website or calling the program hotline to fill out necessary information over the phone. One rebate per appliance is allowed and purchases must be made before applying.

For more information on this rebate program, please visit http://www.nysappliancerebates.com/ or call the program hotline at 1-877-NY-SMART.  Contact us in Central New York or the Saratoga-Capital District area to see how this might be leveraged as part of a broader home improvement to increase comfort and save energy.  (Doubly important for those who has with oil as oil prices remain very high.)

Home Energy Upgrade Tax Credits Chopped in 2011.

December 21, 2010

[Editor’s update, Jan. 4, 2011:  A comprehensive summary of the 2011 energy tax credit with a table listing specifications and dollar amounts for various improvements is now available.]

Included in the tax legislation that Congress recently passed and the President signed is a one-year extension of the federal tax credit for energy improvements to homes.  Unfortunately, it’s significantly less attractive than the 2010 tax credit.  In 2011, there will be an overall cap of $500, with smaller caps for particular items.  For example, qualifying furnaces would only garner a $150 credit.   The WSJ’s Market Watch gives a nice high level view.  The 2011 credit is in sharp contrast to the $1,500 credit you could have received in 2010.  There’s really only one week left to try to take advantage of the much better credit.  If you think you’ll need a new furnace (for example) over the next couple of years, it may be worth accelerating the change–if you can still squeeze it in.

We’ll post a comprehensive view of the details for 2011 on our website in coming weeks, much like information on the current credit available in 2010.

There are still very generous state, local, and/or utility incentives for many of the customers we serve.  Give us a call or visit our website to see how we can help.

Thanks,
Mike

Upstate Update: New York/National Grid Rebate

October 3, 2010

Attention upstate New York residents:  the National Grid Upstate New York High Efficiency Heating Equipment Rebate Program officially opened October 1.  This is a great opportunity to get a little help upgrading for the winter.  Below is the schedule of rebate amounts. 

2010 National Grid NY Rebate Schedule

 As you can see, there are a wide range of products covered and the more efficient the appliance the greater the rebate.

The program requires that customers obtain a ‘rebate reservation’ for their anticipated rebate incentive at www.powerofaction.com/efficiency.   The program is available on a first-come-first served basis, so make sure you take care of all of those nagging problems right away!   

We can help navigate the utility requirements (they can be a bit confusing) and let you know if you qualify for other NY programs at 315-474-6549 or info@greenhomesamerica.com.

Thanks,
Mike

Air-Conditioner Special in Syracuse

August 12, 2010

We just got word from our manufacturer about a steep discount on high-efficiency air-conditioning units that qualify for the federal tax credit and NYS incentives.  This holds through the end of August in Syracuse and Central New York, and we’re passing this right through to our customers.   Stop sweating with the humidity and high summer electric bills.  Call 315-474-6549.


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