The federal government seems to be making a big push on "going green" with home improvements. They are providing money as incentive for folks reduce energy consumption. They offer tax credits and grants to states. I personally have taken part in some of these programs for my house remodel.
Examples:
- Sales tax-free weekend (GA) for energy saving appliances and light bulbs. I saved 7% on my new washing machine and some fluorescent light bulbs.
- Federal Income tax credit for water heaters, air conditioners, and other energy saving appliances.
- 2x $100 rebates for installing 1.28 gallons per flush toilets. I got this from my county government.
Sources for credits and rebates:
These rebates and credits have added up over $1,000 that I will get back. It seems I picked a good time to buy a "fixer upper" house. I will also get the large tax credit just for buying the home as well. I plan to use the tax refund that I will receive to pay down my debts.
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