Top Ten Energy and Water Efficiency Tax Credits and Rebates
get tac redits and rebates for doing the right thing? What could be better? Image source: Mark_WIt's a good time to get energy efficient at home, what with a down economy and efforts by federal, state and local governments, and utilities to decrease our overall energy use and create a new, more secure, job-creating green economy.
Top Five Federal Tax Credits (for improvements made from January 1, 2009 through December 31st, 2010)
1. Adding qualifying insulation to an existing home-30% of cost, up to $1,500 for all upgrades other than renewable energy systems.
2. Energy Star-qualified metal roofs or asphalt roof replacements-30% of cost, up to $1,500 for all upgrades other than renewable energy systems.
3. Efficient gas, oil, propane, and electric heat pump water heater replacements-30% of cost, up to $1,500 for all upgrades other than renewable energy systems.
4. Solar water heating systems in new or existing homes-30% of cost.
5. Photovoltaic (PV) systems in new and existing homes-30% of cost.
The feds are also giving money to the states for appliance rebates and is offering tax credits for certain window and door upgrades for new and existing homes, small wind energy systems, biomass stoves, geothermal heat pumps, fuel cells, efficient cars, and other equipment. For more detailed information about the federal tax credits, go to the California Building Performance Contactors Association.
*Top Five State Rebates (not time limited but rebates usually last until the money for rebates in each category runs out)
1. Adding qualifying insulation to an existing home-PG&E offers $0.15 per square foot in rebates.
2. Qualifying "Cool Roofs" replacement roofs-PG&E offers $0.10 or $0.20 per square foot depending on roof type.
3. Efficient gas and electric storage water heater replacements: PG&E offers $30 rebates.
4. Energy- and water-efficient clothes washers-PG&E offers $35 or $75 rebates depending on efficiency level and East Bay Municipal Utility District offers $125 rebates.
5. Irrigation systems and high-efficiency toilets-East Bay Municipal Utility District offers up to $1,000 rebate for qualifying water saving irrigation hardware and landscape material costs; up to $500 for WaterSmart replacement irrigation timers; and up to $150 for high-efficiency toilets (HET).
*This only lists rebates offered through PG&E and the East Bay Municipal Utility District, since these are the utilities that I know best. But most utilities offer similar rebates. For more detailed information about these and other California rebates for efficiency upgrades and water and energy efficient appliances, see Flex Your Power.