"Going green" gives back

By Philippe Djegal - email
Posted by Ellen Krafve - email

TYLER, TX (KLTV) - It's simple. If you make energy efficient changes to your home then the Obama Administration will reward you financially.

Energy officials say the stimulus package President Obama signed into law in February has improved residential tax credit programs from the federal government.

"He's made a lot of the tax credits that were only available for home improvements actually usable in new homes as well," said John Nix, a Certified Green Professional with Energy Star Builder.

Taxpayers can now receive a credit of 30% of the cost of "greening" your home with a maximum combined credit of $1500 in 2009 and 2010.

There are many ways you can improve your home's energy efficiency with new household products, energy efficient windows, doors, water heaters and solar panels.

"Wood and metal are both extreme conductors of heat load," explained Nix. "Whereas vinyl and synthetic products typically don't convey heath through them."

Look for the Energy Star approval. That means they meet strict guidelines set by the EPA and U.S. Department of Energy and are eligible for the tax credit.

"The solar system on this house is actually 11 panels producing 2,010 watts per panel," said Rudy Wright. "So, you basically got 2,320 watts that it'll produce and that'll power about 30% of the house."

Not all the changes that you can make to make your home "more green" will mean more green for you in the form of a tax credit, but simple changes like switching incandescent lights with compact fluorescent lights, can cut your electricity bill by a tenth.

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