Remodeling Tips
for the Green Home
by Gardner/Fox
for the Green Home
by Gardner/Fox
Tax Credits & Incentives
When greening your home, tax credits and incentives can increase your buying power, but it’s easy to get bogged down in the details. Consult with your accountant for financial tips and advice before beginning any major home improvement project.
Federal Tax Credits for energy efficiency If you purchase and install certain products, such as energy-efficient windows, insulation, doors, roofs, and heating and cooling equipment in an existing home you can receive a tax credit for 30% of the cost, up to $1,500, for improvements "placed in service" starting January 1, 2009, through December 31, 2010.
Thinking about alternative energy systems? If you install a solar energy system (including solar water heating and solar electric systems), small wind system, geothermal heat pump, or residential fuel cell and microturbine system, you can receive a 30% tax credit for systems installed before December 31, 2016; the previous tax credit cap no longer applies.
See EnergyStar.gov for complete details regarding tax credits and restrictions.
Pennsylvania Sunshine Program The Pennsylvania Sunshine Solar Program will provide $100 million in rebates to help fund solar electric (solar photovoltaic, or PV) and solar hot water (solar thermal) projects for PA homeowners.
More information can be found at the Pennsylvania Department of Environmental Protection.
Keystone Help With the Keystone HELP Energy Efficiency Loan & Rebate Program, Pennsylvania homeowners who meet the program's eligibility guidelines can get a low cost loan or rebate for eligible energy saving improvements.
Energy Star Rebate Homeowners who make Energy Star qualified improvements that meet program standards may receive 10% of the cost of purchase and installation, up to $250.
Advanced Performance Energy Star Rebate Homeowners who install qualifying products that exceed Energy Star standards may receive 10% of the cost of purchase and installation, up to $500.
More information can be found at KeystoneHelp.com.
renovate and repair loan for energy star R&R loans can be used to pay for repairs and improvements that increase the basic livability of your home (including additions and construction) that makes your home safer, more energy efficient, or more accessible to people with disabilities or the elderly.
More information at the Pennsylvania Housing Finance Authority (PHFA) website.
When greening your home, tax credits and incentives can increase your buying power, but it’s easy to get bogged down in the details. Consult with your accountant for financial tips and advice before beginning any major home improvement project.
Federal Tax Credits for energy efficiency If you purchase and install certain products, such as energy-efficient windows, insulation, doors, roofs, and heating and cooling equipment in an existing home you can receive a tax credit for 30% of the cost, up to $1,500, for improvements "placed in service" starting January 1, 2009, through December 31, 2010.
Thinking about alternative energy systems? If you install a solar energy system (including solar water heating and solar electric systems), small wind system, geothermal heat pump, or residential fuel cell and microturbine system, you can receive a 30% tax credit for systems installed before December 31, 2016; the previous tax credit cap no longer applies.
See EnergyStar.gov for complete details regarding tax credits and restrictions.
Pennsylvania Sunshine Program The Pennsylvania Sunshine Solar Program will provide $100 million in rebates to help fund solar electric (solar photovoltaic, or PV) and solar hot water (solar thermal) projects for PA homeowners.
More information can be found at the Pennsylvania Department of Environmental Protection.
Keystone Help With the Keystone HELP Energy Efficiency Loan & Rebate Program, Pennsylvania homeowners who meet the program's eligibility guidelines can get a low cost loan or rebate for eligible energy saving improvements.
Energy Star Rebate Homeowners who make Energy Star qualified improvements that meet program standards may receive 10% of the cost of purchase and installation, up to $250.
Advanced Performance Energy Star Rebate Homeowners who install qualifying products that exceed Energy Star standards may receive 10% of the cost of purchase and installation, up to $500.
More information can be found at KeystoneHelp.com.
renovate and repair loan for energy star R&R loans can be used to pay for repairs and improvements that increase the basic livability of your home (including additions and construction) that makes your home safer, more energy efficient, or more accessible to people with disabilities or the elderly.
More information at the Pennsylvania Housing Finance Authority (PHFA) website.
