Can You Really…Get Paid To Save Money?

Can You Really Get Paid to Save Money?

New Law Provides Cash Credits for Improving Your Home

Just when you thought the government didn’t care about you, look what happened. While we were all paying big bucks for higher energy prices, the U.S. Congress passed legislation to give you a tax break for saving energy dollars. Finally! The Energy Policy Act now offers credit for energy efficient home improvements. There are several high-efficiency products with great tax allowances or rebates for you, including…

  • Tankless Gas Water Heaters – $100
  • Gas Storage Water Heaters  – $ 50
  • Heat Pump Water Heaters – $600 – $800
  • Central Air Conditioning – Split Systems – $200 – $500
  • Boilers – $1400 per MBTUH
  • Furnaces – $300

The website has further information about eligible products and specifications. Also, the IRS will have more information about rules to determine what qualifies for a tax credit. Replacing an older air conditioning and heating system with a newer energy-efficient model that has earned the Energy Star label can not only generate a tax credit, but it can also save you significant energy dollars over the life of the system.

Turn Your Cooling System into an ATM… Well, maybe your air conditioner won’t dispense cash when you turn it on, but the effect is the same. Here’s how: Some higher efficiency models (ranked by SEER rating, the higher the better) can drop your energy bill by 25%. So with one of these, you could take your midseason energy bill, slice off a quarter of it, plus get a tax credit, plus say goodbye to repair bills since it’d have a warranty. And if you get a new furnace at the same time, the EPA suggests you could save up to 40% total through the year. I don’t know about you, but I could think of better things to do with the money than overpay on energy.

Hard as it is to believe, it’s like you’re being paid to save money. Thousands of homeowners will wisely jump on this program, so let us help you make the best choice possible to turn your home into an efficient, money-making machine.

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