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Green Energy Initiatives

As a homeowner, if you were to install a solar panel on your roof, the federal government would give you a federal investment tax credit (ITC). This would deduct 22% of the cost of installing solar panels from your federal taxes. Your local electrical company may give you even more of a break. The cost of the install before rebates could cost from $10,000 to $30,000

As a homeowner, if you were to install wind energy the federal government would give you a Resedintial Renewable Energy Tax Credit. This would give you 26% of the cost of installing the wind energy. Your local electrical company may give you even more of a break. The cost of the install before rebates could cost from $3,000 to $8,000.

As a homeowner, if you were to begin using geothermal energy, the federal government would give you a federal investment tax credit (ITC). This would deduct 26% of the cost of installing solar panels from your federal taxes. Some states and utilities offer additional incentives, such as rebates or low-interest loans, for installing geothermal heat pumps. The cost of the install before rebates could cost upwards of $10,000.

As a homeowner, if you were to begin using Energy Star Certified Applaiances you would save money on your energy bills over time. The initial cost of the appliances may be a little higher than regular appliances.

As a homeowner, if you were to purchase an EV you would be elligible for a federal tax credit of up to $7,500. You would also need to install a charging station at home which may cost more than $500.