Federal remodeling incentives available

摘要

The U.S. Department of Energy will launch the Cash for Appliances program this fall, providing nearly $300 million in stimulus funds from the American Recovery and Reinvestment Act to consumers who purchase new, energy-efficient kitchen appliances. This new rebate program is in addition to a number of U.S. tax credits on energy-efficient products for homes introduced earlier in 2009. This includes many gas, oil, electric and solar water heaters, which are reimbursed at 30 percent of their purchase price, up to $1,500. Many energy-efficient windows, skylights, exterior doors, insulation and HVAC systems are also eligible for a 30 percent tax credit, up to $1,500 per home (the $1,500 limit is the total for all credits applied to the home across all categories of eligible products).