There are several government agencies and even utility companies that will offer homeowners different tax credits, rebates, and other incentives when they support energy efficiency in the home. These rebates encourage homeowners to use more renewable energy sources while also supporting efforts to conserve energy.
What Is a Home Rebate?
When you purchase a home, you will find that there are several costs associated with the process that goes beyond simply paying your down payment and monthly mortgage amounts. Therefore, it is in your best interest to find as many ways you can to save money, including finding all the tax deductions and other benefits you can qualify for because of your home. This is where home rebates come in handy.
Home rebates can take many forms and can save you money through energy credits, financing, lighting and appliances, and even during the building process.
If you decide to install solar panels, a geothermal heat system, or even wind turbines on your property, or choose to install energy-efficient windows and heating and air conditioning systems, you may be eligible for a tax credit that makes up for a significant percentage of the costs.
Lighting and Appliances
There are several home rebates you can collect for different lighting and appliance features in the home including when you use advanced power strips and when you choose an energy efficient washer, dryer, and whole house dehumidifier. You can also find special rebates for LED light bulbs, refrigerator and freezer recycling, light fixtures, and shower fixtures.
Building the Home
There are many incentives available for new construction, single family and multi-family homes. These incentives are given when you build an energy efficient new home. Additionally, there are also financing incentives offered for qualifying energy-efficient home improvements.
Windows and Insulation
You can also save through rebates when you upgrade your insulation and windows in the home. Attic insulation and wall insulation can really begin helping you stack up your savings. All you have to do is play your upgrades, choose a contractor, and apply for the rebates to begin receiving your savings.
Rebates work differently than tax credits and can actually have you saving money much faster. While the energy efficiency rebates aren't available federally, there are many state governments, local governments, and utilities that offering these home rebates to homeowners.
Saving Homeowners Money
Energy saving initiatives and home rebates are known for saving homeowners a significant amount of money. So, it is in your best interest to research and see what kind of energy savings and home rebates are available for your home so you can multiply your savings each year.
Most of these rebates can be applied for online, and this also allows you to check the status of your rebate online as well. It is fast and easy to do and allows you the opportunity to start taking advantage of your savings as soon as possible.
If you have questions on home rebates or what may be available to you, then contact Florida Homes Rebates today.