Are you confused about all the federal and state programs? Rebates? Tax credits? Appliances that qualify for Energy Star rebates? Many credits and rebates for energy-efficient purchases are expiring at the end of this year. The Washington State Rebate funds for purchases of Energy Star appliances have been paid out already. A wait list is being compiled in case additional funds become available.
The City Light Appliance rebate program for energy efficient lighting, clothes washers, ductless heat pumps and various forms of insulation can be seen here. A host of valuable links and programs are also provided. In addition Puget Sound Energy has its own menu of rebates on its site. A variety of programs are offered in various counties in Washington State.
Federal tax credits for solar-energy, small residential wind turbines and geothermal pump systems cover 30% of all costs with no upper limit. These are good on both primary homes and vacation homes, new construction or otherwise. And they don't expire until 2016. An overview of these credits together with a tax credit fact sheet can be found at this site.
And if that is not enough, here comes the cherry on the cake. FHA's Energy Efficient Mortgage program (EEM) helps home buyers or owners save money on utility bills by enabling them to finance the cost of adding energy efficiency features to new or existing housing as part of their FHA insured home purchase or refinancing mortgage. Although there have been problems in some sates with conflicting regulations, it is certainly worth a try if you are considering any substantial upgrades. It is on the HUD website.
Hope these links will be helpful to some of you. Pass them on anyone you know who may be able to use them.
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