Energy Efficiency Could Be a Win-Win
It's safe to say that most people could use a little break in their monthly expenses these days. When investments go down in value, people focus on controlling what they can. One thing you can control that can make a huge impact in your monthly expenses is energy efficiency in your home. A small investment in improving energy efficiency can pay off big. Eco-Unit, an Energy Star Partner, offers a free evaluation of what you can do to make your house more energy efficient and can even tell you how much money you will likely save. A few of the benefits:
- They typically decrease your electric bill by 20-50%, making an investment potentially highly profitable.
- There is a tax credit for 30% of the cost of eligible technologies such as certain windows, roofs, building insulation, etc. There is, however, a limit of $1,500.
- Knowing that you are saving money and helping the environment by decreasing your consumption of energy.
Resources:
Federal incentives for energy efficiency:
http://www.dsireusa.org/incentives/index.cfm?State=US&ee=1&re=0
Eco-Unit's home page:
http://eco-unit.org/ecounitresidential.htm
You will have to consider any recommendations carefully to make sure they are appropriate for you and how your house is built.
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