Paying for the conservation of energy

Uncle Sam offers attractive tax incentives for efficiency

With the Energy Policy Act of 2005 (epact), the federal government has made it possible for you some green for life at the end of 2007. From 1 January 2006, and in most cases until 31 December 2007, energy-saving home improvement purchases for your U.S. residence are responsible for significant tax benefits. The benefits of green approach for home improvements could be far beyond his statement of tax cuts to cover the cost of energy throughout the year, thus increasing the interior comfort and reducing air pollution. Below are the main categories epact house:
Home Depot # include insulation, windows, ceilings, and metal seal. The right to receive a credit of 10 percent per unit cost of $ 500 credit for all improvements in this category.
# Heating and Cooling: $ 50 credit for the air-fans, $ 300 for central AC systems.
# Solar hot water and solar photovoltaic systems (except those of them with jacuzzi, swimming pool), can win 30 percent of the system up to $ 2000, not only up to $ 500 in order to improve the main panel.
# Fuel cells and small wind systems, software systems for credit of up to 30 per cent of the cost of the system (up to $ 500 per kW capacity from 0.5 up), not limited to the $ 500 cap at home.
What element or guide epact tax credits, click on the ENERGY STAR Web-site to view a summary of tax credits for housing construction. Note that there are restrictions on epact tax credits, and that at the right time can be up to the smallest detail the improvements only after two rounds of tax returns. If you do not buy or upgrade in 2006, begins with a small green background 2007: Home energy audit to determine where and how you can at home, better means to improve, and to purchase products Start with ENERGY STAR label. Buying a new home, right? ENERGY STAR note. Epact winning the right contractor for the construction of energy-efficient homes that receive the label, and although this is not always a tax credit, you can use the long-term benefits of comfort and energy savings. In addition to cost savings from the federal epact, their country and their local utility companies can discount and other incentives. In fact, in most states, the tools needed to develop programs for the conservation of energy. Learned to use less of their product is part of the price we pay for using monolopy to sell the fuel for the rest of us.

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