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    3-11. Tax credits - Electronic Edition

    3-11. Tax credits - Electronic Edition
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     Check and see if your state or province gives an income tax credit for a “clean fuel alternative appliance” like a natural gas fireplace or a solar energy collector, wind power device, special insulation or other energy-saving feature. We got a tax credit from our state for a fireplace when we built the Riverbottoms house. You can check the tax credits offered for the U.S. and individual states at: dsireusa.org.

     In “The Little House That Did” (AARP Bulletin, December, 2005) Author Mike Tidwell of Takoma Park, Maryland tells of setting aside “...$7,500 to achieve a big goal: dramatically reduce our fossil fuel use at home without sacrificing our lifestyle. Since then we’ve cut electricity use a whopping 52 percent and virtually eliminated natural gas use… Incorporating solar energy was our biggest challenge. To make a used solar hot water system and a 1.5 kilowatt solar electricity system affordable, we did lots of homework online and at the library to find every available state and federal grant and tax credit. We also did much of the rooftop installation ourselves. Together the systems bring our conventional energy use way down (from 3,760 kilowatt-hours to around 1,800 kilowatt-hours). Cost: $4,396 (after $11,104 in government aid).”

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