First things first. What is a tax credit? A tax credit is a dollar for dollar value that reduces one's actual tax liability- it is not the same as a tax deduction. Basically, it allows a person that owes taxes to allocate the money that they would otherwise pay, to a different entity for a specific reason.
The American Taxpayer Relief Act of 2012 was signed into law January 2nd, 2013, which encompasses any qualified energy efficiency upgrades installed in 2012 or 2013. The maximum amount that a taxpayer can claim is $500.
Making your home more energy efficient by upgrading your air conditioners and furnaces, sealing the ductwork and air gaps, installing shade screens, and more efficient pool pumps, has never been easier with the National Bank Green Returns Financing! For APS customers, financing rates are set at a fixed 4.99% rate, and at a 5.99% fixed financing rate for SRP customers. From time to time, the rates will vary, so keep checking for updates on the latest rates!
Often times, some people have their doubts about how much they are going to save based on our recommendations. The bottom line is we never recommend anything that's not either a.) going to reduce an energy bill, or b.) make a home more comfortable. There are, indeed, many misconceptions as to what works, and what doesn't, and we are aware of all of the phony methods, but are also more aware of the legitimate working methods.
Ever wonder how much coal is being burned to keep your home cooled with air conditioning in the summer?
Wonder no more. EnergySavvy has an infographic that visualizes the coal it takes to keep an average home in the Southeastern U.S. comfortable with air conditioning, compared to the same house with an energy efficient air conditioner, and the same house after a comprehensive home energy upgrade.
External energy reduction for your home can be as simple as planting the correct trees that fit our Sonoran desert environment. Deciduous trees have shade and blooming flower foliage during certain seasons (typically during the spring and summer). During the non-blooming seasons (typically during the fall and winter) deciduous trees lose and drop their leaves and foliage. Deciduous trees can provide additional options when looking to reduce the solar exposure to the South, West, and East facing sides of your home. Not only will these trees provide shade during the summer months, but provide a natural aesthetic value to your home. Whether it’s through the colorful foliage during the blooming seasons or the branching structural forms during the non-blooming seasons, deciduous trees will provide a natural aesthetic character to your home.
A few days ago, ABC 15 did a news story on how an energy-saving scam has hit the Valley and Nation running wide. At Ideal Energy, we have had a few customers contact us because they were scammed or had almost been scammed by a company misleading them to fake energy saving results. Of course, being the professionals that we are, we went in there and got the job done right.
It speaks to the marketing savvy of window manufacturers and installers that, when faced with drafty rooms or high energy bills, most homeowners typically think that the best solution would be new replacement windows. While energy efficient replacement windows will likely lead to improved comfort and lower utility bills, the truth is that there are many far more cost effective solutions to improve your home’s comfort and energy efficiency.
Winter's coming. It's already heating season. So how do you save money on heating costs? You've got to own your heat. Simple as that. You've paid for all that warm air already, so it doesn't make much sense to waste it now.
A simple enough premise - it's the application that gets complicated. We (and most building science experts) strongly recommend air sealing and insulation as high priority measures to make your home use less energy, make you more comfortable, and make the planet happy.