FINANCIAL INCENTIVES FOR HOME ENERGY AUDITS & ENERGY EFFICIENCY IMPROVEMENTS
There are federal and state tax credits, local property tax exemptions and financing programs available to help cover the costs of making energy efficiency improvements to your home.
For information on the federalResidential Energy Efficiency Tax Credit, which provides a personal tax credit up to $1500 for 2009 and 2010 energy efficiency improvements, click here and here andhere. For the 2009 IRS form used to calculate the credit (Form 5695), click here.
For information on the federal Energy Efficient Mortgage loan program, which enables homeowners to finance energy efficiency measures in a new or existing home, click here.
For information on Maryland's Weatherization Assistance Program, which helps low-income households through the installation of energy conservation materials in their homes, click here.
For information on the Montgomery County, MD Residential Energy Conservation Property Tax Credit, which provides a tax credit up to $250 per year for installing energy conservation devices, click here. For the application form, click here.
To read the text of the Montgomery County, MD Home Energy Loan Program, which will provide homeowners with low- or no interest 15-year loans, that run with the land (not the homeowner), to cover the costs of an energy audit and cost-effective energy efficiency improvements, click here. (Note that this program is not expected to be available until late 2009 or early 2010.)
For a chart summarizing all of the available federal, state and county energy efficiency incentives for a house located in Montgomery County, MD, click here.
For a chart summarizing all of the available federal, state and county renewable energy incentives for a house located in Montgomery County, MD, click here.
For information on discounts for buying CFLs, click here if you're a Pepco customer or here if you're a BG&E customer.
To find rebates and special offers from area retailers on Energy Star qualified appliances, fans, heating and cooling equipment, home electronics, home envelope, lighting products, office equipment and water heaters, use Energy Star's Rebate Finder Tool.
BENEFITS OF HOME PERFORMANCE ANALYSIS & IMPLEMENTATION OF ENERGY EFFICIENCY IMPROVEMENTS
By having LIVE GREEN undertake an energy audit & physical evaluation of your home, and then implement the energy saving and operational & maintenance measures recommended in LIVE GREEN's Home Performance Report, you will:
• Reduce your energy bills –
a home that's undergone the Home Performance
process usually saves 10 - 30% on energy bills, and monthly energy savings are
typically greater than the monthly cost of making the improvements, so you save
money every month! (See Financial Analysis, which summarizes the cost
effectiveness and payback periods for 5 representative LIVE GREEN projects.) • Improve your home’s comfort • Improve health and safety by rectifying any unsafe conditions
• Increase the longevity & value of your home • Make your home more marketable to potential buyers
• Decrease your home’s carbon footprint • For Montgomery County, MD home sellers, satisfy the legislation requiring that a
seller provide information regarding utility bills and opportunities for home
energy efficiency improvements to a buyer before signing a purchase contract.
(Read text of bill)
Infrared thermography helps Certified Building Performance Analysts detect home performance issues that would not be otherwise visible.
As shown above, infrared camera imagery can detect a location where insulation is missing.