Wednesday, March 24, 2010

Tax Credits, Rebates, and More Rebates

As many people are well aware of the extended Federal Tax Credit for Consumer Energy Efficiency (tax credit is 30% of the total cost of the product up to $1500), few may be aware of great state and local rebates that are available in addition to the federal tax credit.  A couple are outlined below:

In Texas, the State Energy Conservation Office (SECO) offers the Texas Trade Up Appliance Rebate Program with rebates available for upgrading to appliances that improve the overall energy efficiency of a home.  This includes everything from refrigerators to water heaters to entire HVAC systems.  For example, if a qualifying water heater was purchased for $1500, the SECO rebate would be $330 (after recycling the old one) and the federal tax credit would be $450 (30% of $1500).

As funding for the program is limited, the SECO rebates are only available for a specified time and require a reservation.  Rebates can be reserved beginning April 5, 2010 and the qualifying product must be purchased between April 16 - April 25, and be installed within 60 days of the reservation.  For more information regarding SECO rebates, please visit: 

           

In Austin, Austin Energy offers the Home Performance with EnergyStar program that has rebates for upgrading the HVAC system, radiant barrier, and insulation to name a few.  The rebate is 20% of the total cost, up to $1575.  To qualify for the program, a Home Performance energy analysis would have to be completed by a participating partner.  For more information regarding Austin Energy rebates, and to see a full listing of current available rebates for residents in the Austin area, please visit:



For more information regarding your specific needs, please contact us at 512.275.6500 or at  info@duarteconstruct.com