Thursday, November 18, 2010

What's in it for me? | Sobuka Blog | Clean Energy and Green Tech News & Events | Solar Installations | Wind Energy RECs | Energy Audits | Green Remodeling | Green Financing

Well, there is a lot in it for you. It is an important decision that weighs on either your business or home. This trend is gaining some ground even though there may not have been as much promotions to encourage people. A multitude of people are unaware of the opportunity thus engendering paucity of ownership or prospective interest.

Just like the famed Cash for Clunkers program, the tax incentives and rebates on green projects are so well encouraged by the government that there are some quite good reason to get involved. Different undertakings such as solar, wind  or geothermal installs among others, carry enticing financial offers to go along with your project. Marching along with the “green living movement” is plethora of federal, state and local government incentives – depending on where you live. I think peoples’ disappointment is the wish that the process on assistance with the rebates in going-green endeavors is more of grants than of incentives and rebates. But wait! your wish could be true, there are programs that could offer you grants – depending on your state and how it may available.

Image courtesy of kennyshappysolar.com

First let’s refresh by defining a few terms. From a general sense, a rebate is the returning portion of disclosed funds from a purchased price of a product within its advertised period with some conditions. Dissimilar to discount, a rebate is received after the full payment of the invoiced amount. A Tax Credit is a calculated amount authorized under the Internal Revenue Code, refunded, deducted or accepted-as-paid towards the taxpayer on either a federal or state status. A combination of these ordinances lures more renewable energy practices. A comprehensive list about incentives for prospective green investments can be found at this website.

Then there are the savings. From installing energy-efficient appliances, or insulation, to energy audits or a solar purchase, there is more that is being saved. If you conduct a point estimate for your electric bill compared to a green resource bill, you would more likely see a difference in savings. In addition, you would be either offsetting carbon footprints, reduction in fossil fuel consumption and most importantly contributing to save the environment.  There is a high presence of reluctance when a recommendation for change is proposed – even with highlighted upside. Just like we have previously presented an assessment about renewable energy power provider, we wanted to inform people again about saving with renewable sources.

In addition to seizing the opportunities on federal and state rebates, there is also the return-on-investments and increased value inherited. An average pay back on wind and solar (with minimum install) is 5 – 7yrs – quite reasonable. So the incentives, tax credits and return on investments are among the things in it for you. A growing number of people are savoring these things, and counting…so find green, get green, save green!

Images courtesy of :
kennyshappysolar.com
ask.inc.com

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This entry was posted on Tuesday, November 16th, 2010 at 11:00 am and is filed under Featured Content, Uncategorized, green rebates and incentives. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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