2015 Federal Tax Credits Save Money for Heating and Cooling
Efficient products can be installed by commercial electrical contractors in NJ. Get tax credits with affordable electric services in New Jersey.
Did you know that the Federal Government may reimburse you for your home heating and cooling solutions? Depending on the type of products you have installed and the energy efficiency of these products, there are a number of federal tax rebates for your home and commercial business. If you are interested in installing a geothermal heat pump, small residential wind turbine, solar energy system, or fuel cell, you may qualify for federal tax credits!
Geothermal Heat Pumps
Similar to ordinary heat pumps, geothermal heat pumps use the ground instead of outside air to generate heat, air conditioning, and even hot water! By taking advantage of the natural heat of the earth, they provide an efficient and environmentally friendly means of heating and cooling your home or business. The federal tax credits for this are limited to residential buildings, and the heat pump must meet the ENERGY STAR requirements of the program to qualify for a 30% tax credit. New construction and remodels of existing homes qualify, so make sure to consult with a professional, residential electrical contractor in NJ to find out how you can qualify for these credits!
Small Residential Wind Turbine
Once again, residential homeowners can benefit from this credit! Wind turbines collect kinetic energy from the wind that blows through your home, converting the kinetic energy into regular electricity—that’s right, power your home by catching the wind! To receive a tax credit of up to 30%, including the cost of installation, make sure that your wind turbine has a nameplate capacity of no more than 100 kilowatts. Your electrical contractor can help you pick the right one!
Solar Energy System
Many people believe that the future of the energy business will come from the sun! Take advantage of this trend while you can still receive up to 30% credit in the form of federal tax credits. Solar energy takes the sunlight and converts this energy into usable electricity—all at a lower cost to you and the environment than typical fossil fuels. To qualify, make sure your water heater or solar panel meets ENERGY STAR requirements. Your trusted provider of affordable electric services in New Jersey can help advise you!
Fuel cells enable hydrogen technology, potentially revolutionizing the way our homes and businesses receive power! Fuel cell are clearer, more efficient, and better for the environment than gasoline or other fossil fuels. Consult with a commercial electrical contractor in NJ to find out how fuel cells can help your home or business!
You can see how these tax credits can help your home or business, but what else can they do? A properly installed energy-efficient appliance can provide you with the following benefits:
Get your energy efficiency project started now! Consult with an electrical contractor in New Jersey to find out how to heat your building efficiently before winter starts!
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ABOUT THE AUTHOR
Niall has carved his path in life as one of the best residential and commercial electrical contractors in New Jersey. He prides himself on providing affordable electric services in New Jersey and giving his customers the best products.