Federal Tax Credits for Going GREEN!
Good news for going GREEN! There are now Federal tax credits for energy efficiency. If your park has gone GREEN or is considering going GREEN consider these incentives! To learn more about tax credits for energy efficiency, check out www.energystart.gov OR Click Here
Tax Credits for Consumers
Tax credits are available at 30% of the cost, up to $1,500, in 2009 & 2010 (for existing homes only) for:
Tax Credits for Homeowners and Commercial Applications
Tax credits are available at 30% of the cost, with no upper limit through 2016 (for existing homes & new construction) for:
Tax Dedcutions for Commercial Buildings
A tax deduction of up to $1.80 per square foot is available to owners or designers of new or existing commercial buildings that save at least 50% of the heating and cooling energy of a building that meets ASHRAE Standard 90.1-2001. Partial deductions of up to $.60 per square foot can be taken for measures affecting any one of three building systems: the building envelope, lighting, or heating and cooling systems. These tax deductions are available for systems “placed in service” from January 1, 2006 through December 31, 2013.