Comments on: Home Remodeling and Energy Tax Credits http://www.brockbuildersinc.com/408/home-remodeling-and-energy-tax-credits/ Asheville General Contractors Thu, 10 Jun 2010 11:26:19 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Tankless Hot Water Heaters Add Convenience http://www.brockbuildersinc.com/408/home-remodeling-and-energy-tax-credits/comment-page-1/#comment-138 Tankless Hot Water Heaters Add Convenience Thu, 17 Sep 2009 21:15:28 +0000 http://www.brockbuildersinc.com/?p=408#comment-138 [...] out of hot water or those looking to save energy costs, tankless hot water heaters qualify for a $300 federal energy tax credit and supply an endless demand of hot [...] [...] out of hot water or those looking to save energy costs, tankless hot water heaters qualify for a $300 federal energy tax credit and supply an endless demand of hot [...]

]]> By: New Custom Home Trends Focus on Smaller, Green Living http://www.brockbuildersinc.com/408/home-remodeling-and-energy-tax-credits/comment-page-1/#comment-103 New Custom Home Trends Focus on Smaller, Green Living Mon, 31 Aug 2009 19:41:37 +0000 http://www.brockbuildersinc.com/?p=408#comment-103 [...] collection systems or energy-efficient appliances, green home builders are in high demand and with recent energy tax credits, any-size home can do its part to conserve [...] [...] collection systems or energy-efficient appliances, green home builders are in high demand and with recent energy tax credits, any-size home can do its part to conserve [...]

]]> By: Skippy http://www.brockbuildersinc.com/408/home-remodeling-and-energy-tax-credits/comment-page-1/#comment-64 Skippy Thu, 30 Jul 2009 04:39:00 +0000 http://www.brockbuildersinc.com/?p=408#comment-64 TAX CREDIT/BENEFITS It's a great time to invest in geothermal heating and cooling technology. The American Recovery and Reinvestment Act of 2009 recently lifted the caps on tax credits to qualified geothermal heat pumps, which was previously set at $2000. Homeowners who install a geothermal ground loop or ground water geothermal heat pump qualify for this one time of up to 30% of the total investment, as long as the pump meets or exceeds EnergyStar requirements and installed after December 31, 2009. Business owners will receive a credit of 10% of the total investment. Units installed in 2008 are subject to a $2,000 cap, but those installed between 2009-2016 have no cap. This substantial tax credit is just one of the many benefits of using geothermal technology to heat and cool your home. Geothermal systems use 25-50% less electricity than conventional systems. According to the EPA, geothermal pumps reduce energy consumption up to 44% compared to air-source heat pumps, and up to 72% compared to standard air-conditioning. In humid areas, like Florida, geothermal heat pumps improve humidity control by maintaining 50% relative indoor humidity. But it's not just the tax credit or energy savings that should peek your interest, geothermal heat pumps are also extremely durable and reliable. The underground piping carries warranties of 25-50 years, and the heat pumps are known to last twenty years of longer. So, if you're looking for a reliable system that will also give you tremendous savings on your energy bill over the long-run, a geothermal heat pump may just be what you're looking for! TAX CREDIT/BENEFITS
It’s a great time to invest in geothermal heating and cooling technology. The American Recovery and Reinvestment Act of 2009 recently lifted the caps on tax credits to qualified geothermal heat pumps, which was previously set at $2000. Homeowners who install a geothermal ground loop or ground water geothermal heat pump qualify for this one time of up to 30% of the total investment, as long as the pump meets or exceeds EnergyStar requirements and installed after December 31, 2009. Business owners will receive a credit of 10% of the total investment. Units installed in 2008 are subject to a $2,000 cap, but those installed between 2009-2016 have no cap.

This substantial tax credit is just one of the many benefits of using geothermal technology to heat and cool your home. Geothermal systems use 25-50% less electricity than conventional systems. According to the EPA, geothermal pumps reduce energy consumption up to 44% compared to air-source heat pumps, and up to 72% compared to standard air-conditioning. In humid areas, like Florida, geothermal heat pumps improve humidity control by maintaining 50% relative indoor humidity.

But it’s not just the tax credit or energy savings that should peek your interest, geothermal heat pumps are also extremely durable and reliable. The underground piping carries warranties of 25-50 years, and the heat pumps are known to last twenty years of longer.

So, if you’re looking for a reliable system that will also give you tremendous savings on your energy bill over the long-run, a geothermal heat pump may just be what you’re looking for!

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