Rebates, Incentives, & Loans
There’s good news and bad news on the IRS energy efficiency tax credits:
Good news: They were extended.
Bad news: They were reduced.
The 2011 home improvement tax incentives will revert to the 2005-2008 levels: 10% of the cost of insulating, installing efficient windows, replacing old furnaces and air conditioners and making other home energy efficiency improvements. The incentive will be capped at $500, rather than $1,500, and anyone who has previously taken advantage of the program can't apply for incentives that exceed $500. (In other words, if you claimed $500 back in 2005 when you insulated your floors, or $1,500 in 2009 when you replaced windows, you have exhausted your tax credit; if you only claimed $300 in 2005, let's say, you can still claim $200, for a total of $500.)
Certain incentives have also been tightened, so that the credit for installing efficient windows is capped at $200 (but less-efficient Energy Star windows now qualify), furnaces and boilers at $150-$200 (but they now have to be 95% efficiency, and water and wood heating systems to $300.
For more information: www.aceee.org
Smart Home Rebates
- Energy Star Refrigerator, Clothes Washer $25; or EnergyStar Window A.C. $25
- Energy Star Air Source Heat Pump: $325 -$400
- Energy Star Central AC: $300
- Energy Star Natural Gas Boiler: $300
- High Efficiency Natural Gas Furnace: $300
- Energy Star Natural Gas Storage Tank Hot Water Heater: $50
- Energy Star Electric Storage Tank Water Heater: $25
- Energy Star Electric Heat Pump Water Heater: $300
- Geothermal Heat Pump: $217 per ton
Smart Appliance Recycling
In addition to offering rebates on new, energy-efficient appliances, PECO will pay you for your old refrigerator or freezer.
- $15 for (working) refrigerators or freezers
Get loans for high-efficiency Heating, A.C., air sealing, insulation,
windows, doors, geothermal and “whole house” upgrades.
$1,000 to $15,000: Low fixed rates and long amortization terms.
For up to $35,000, provides a home equity option for homeowners with limited equity.
Qualifying homeowners can get a $325 cash energy audit credit.
Eligible improvements must be installed by a Keystone HELP Approved Contractor
To find more financial incentives to invest in energy efficiency, visit EnergyWisePA.
For more information download attachments below.
|Rebate Guide January 2012.PDF||910.82 KB|
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