"In 2010, homeowners can take advantage of several financial incentives to save tax dollars, capture rebates and begin years of savings on their energy dollars with many inexpensive energy-saving home improvements," said Barber.
The first incentive, a federal tax credit of 30 percent of the cost of energy-efficiency upgrades for existing homes up to $1,500, is available through Dec. 31, 2010. Qualifying products include insulation, weatherization products, roofing materials, windows, doors and HVAC equipment. Look for the Energy Star logo, consult the IRS for guidelines and use Tax Form 5695.
Second, the Missouri Department of Natural Resources' Energy Center will receive $5,672,000 in federal funds from the U.S. Department of Energy to help Missouri citizens purchase energy-efficient appliances.
The DNR plans to launch the "Energize Missouri" appliance rebate program April 19, 2010, to run concurrently with the "Show Me Green ENERGY STAR Sales Tax Holiday," providing both a rebate and state sales tax savings.
Several electric cooperatives and utility companies are offering on-going rebates also. Many require that the homes have an energy audit and offer assistance for this. Check with your local electric provider to see what incentives are available.
Finally, your local community action corporation is offering a weatherization program that is cost-free for low-income homeowners. Income guidelines for qualifying have increased to 200 percent of the federal poverty level.
For more informationgo online to http://extension.missouri.edu.
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Home owners can also reduce their utility bills by numerous simple and easy steps, many of which cost no money at all.
http://dailyhomerenotips.com/energy-cons...
This free collection contains more than 500 energy and water savings tips collected over a two year period from hundreds of people on ways they conserve energy and water in their own homes, of which:
400+ are simple and easy to do
275+ cost absolutely nothing to do
115+ cost just a little to do
115+ are electricity conservation ideas
110+ are home heating savings suggestions
80+ are home cooling savings tips
Yes, ENERGY STAR appliances may cost a bit more to buy but save much more in reduced energy usage. However, while a household waits until has saved enough money to buy such appliances, it can take action to reduce its utility bills immediately which would help it save money to purchase ENERGY STAR applances sooner to reap even more savings.
Dan