Secretary of Energy Highlights Energy Efficiency Rebates

Planning on installing insulation, upgrading your HVAC or putting in a new water heater this year? U.S. Secretary of Energy Steven Chu would like you to know that Uncle Sam is behind you, all the way–or at least, 30% of the way.

Under the American Recovery and Reinvestment Act, homeowners are eligible to be reimbursed via tax credits for 30% of the cost of many major home improvements that increase energy efficiency, up to $1,500. For 2009-2010, eligible improvements include biomass stoves, new HVAC systems, improved insulation and roofing, and water heaters, as well as new windows and doors; improvements eligible for the credit through 2016 include geothermal heat pumps and solar and wind energy systems as well as fuel cells.

Man Installing Insulation

image via Treehugger

Secretary Chu reminded taxpayers, in a statement, that they can collect tax benefits for 2009 as they file their returns this spring, and can continue to receive tax credits through the end of this year. A comprehensive run-down of Recovery Act benefits is available via the new interactive Tax Savings Tool, accessible via the White House Web site; more information on eco-home improvement credits is available on the Department of Energy’s Energy Savers site.

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Susan DeFreitas has covered all manner of green technology for EarthTechling since 2009. She is a graduate of Prescott College for the Liberal Arts and the Environment, and has a background in marketing green businesses. Her work on green living has been featured in Yes! Magazine, the Utne Reader and Natural Home.