Monday, February 23, 2009

How the Stimulus Bill Can Help Green Your Home

Sustainablog outlined benefits of the stimulus package and how they may help homeowners take the first step towards sustainability.


First, the new plan provides a tax credit for 30% of the costs, up to $1,500, for the following improvements on a property:
  • New energy-efficient furnaces, air conditioners, or windows
  • Replacing leaky windows
  • Adding insulation in attics
The plan includes government rebates for buying Energy Star rated appliances.
The Weatherization Assistance Program will allow Low-income households make energy-efficiency improvements in their homes.
Americans with more expensive homes may be able to refinance their home loans at cheaper rates.
First-time home buyers will get an $8,000 tax credit, provided they buy their homes before Dec. 1.
Homeowners could see additional benefits from the stimulus bill in the form of and the hoped-for market for energy-efficient goods and services.
For the complete article, go to: Low Impact Living: How the Stimulus Bill Can Help Green Your Home : Sustainablog
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