Green Building Elements

Did you know that if you install a Biomass Stove – wood, pellets, etc. that you can nab a  30% tax credit ($1,500  max) up until 2010? Who knows that homeowners can get a 30% tax break for installing Solar Hot Water Heating until  2016? Maybe the new American Recovery and Reinvestment Act (ARRA) which was signed into law by President Obama in February 2009 isn’t as complicated as the IRS tax code but does anyone really want to delve into the 400 pages of legislation to figure all the ins and outs about how to qualify for the green tax credits available to homeowners?

In a Cliff’s Notes version of the myriad incentives, rebates, and tax incentives GREENandSAVE has created a Federal Tax Incentive Decoder and condensed the material to 11 bite sized pages. Best of all, this resource does not cost a dime and can be downloaded at: http://www.greenandsave.com/homecheckup/free_federal_tax_incentive_decoder

• » See also: Simple Tech = Common Sense Design
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We ploughed through some of the well organized and highly useful guide and discovered that beyond the tax credits, homeowners can save even more money through rebates as well as a breakdown to many money and environment friendly loans for energy efficient home improvements. One loan that we like is the Energy Star Loan which homeowners can use for installation of qualifying improvements that are Energy Star rated or meet program standards.

Here are some of the details:
The Loan Amount: $1,000-$15,000
Rate and Term: 6.99%
Fixed Rate; 3, 5, or 10 year term.
ii. Unsecured, no lien.
iii. No Fees or closing costs.
iv. No pre-payment penalty.

Not too shabby.

Finally, the politicians have created some far reaching incentives to truly get on us on the Green road to recovery. This downloadable decoder makes it easy to navigate down that Green road.

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