How To Get Your Louisiana Energy Efficiency Tax Credits
The new Louisiana HERO Program Rebate is now up to $3,000 |
 |
Summary: The Home Energy Rebate Option Program is designed to support homeowners and businesses seeking to save money on energy and/or reduce their environmental impact through cash incentives for energy efficiency improvements. The program includes three components: New Homes, Existing Homes, and Commercial Buildings Retrofit. Learn more about the HERO Programs and save energy and save money. Visit our HERO Program for further information.
NOTE: A preliminary application and inspection MUST BE performed before energy efficiency improvements take place for existing homes and commercial properties or the slab/foundation is poured for new construction.
Website: http://www.empowerlouisiana.org/HeroProgram.aspx |
Federal Government Residential Energy Efficiency Tax Credit |
 |
Summary: The federal tax credit for energy efficient home improvements was established by the Energy Policy Act of 2005. After expiring on December 31, 2007, the credit was extended by The Energy Improvement and Extension Act of 2008 (H.R. 1424, Division B), and now applies to eligible equipment purchased between January 1, 2009 and December 31, 2010. The federal tax credit is 30% of the improvements up to a maximum of $1,500 for combined years 2009 and 2010.
Website: http://www.energystar.gov/index.cfm?c=tax_credits.tx_index
|
Energy-Efficient New Homes Tax Credit for Home Builder
(Currently being considered by congress for renewal in 2010)
|
 |
Summary: The federal Energy Policy Act of 2005 established tax credits of up to $2,000 for builders of all new energy-efficient homes, including manufactured homes constructed in accordance with the Federal Manufactured Homes Construction and Safety Standards. Initially scheduled to expire at the end of 2007, the tax credit was extended through 2008 by Section 205 of the Tax Relief and Health Care Act of 2006 (H.R. 6111), and then extended again through December 31, 2009 by Section 304 of The Energy Improvement and Extension Act of 2008 (H.R. 1424).
The home qualifies for the credit if:
» It is located in the United States;
» Its construction is substantially completed after August 8, 2005;
» It meets the energy saving requirements outlined in the statute; and
» It is acquired from the eligible contractor after December 31, 2005, and before January 1, 2010, for use as a residence.
Website: http://www.irs.gov/businesses/small/industries/article/0,,id=155445,00.html
|
Energy Efficient Mortgages |
 |
Summary: Homeowners can take advantage of energy efficient mortgages (EEM) to finance a variety of energy efficiency measures, including renewable energy technologies, in a new or existing home. The U.S. federal government supports these loans by insuring them through Federal Housing Authority (FHA) or Veterans Affairs (VA) programs. This allows borrowers who might otherwise be denied loans to pursue energy efficiency improvements, and it secures lenders against loan default.
Website: http://www.efficientbuildings.org/
|
141 Robert E. Lee Blvd., #227 New Orleans, LA 70124 Phone: 504-344-6762 Fax: 888-893-7259
 |
©2010 EnviroGreen Insulation | Designed by Vektor Web |
|
|
| |
|
