Tax Breaks for Energy Efficient Homes

Environmental News Network

offer tax breaks for home improvements that make homes more energy efficient. The United States is the world’s second largest energy consumer behind China, said the United Nations, which encourages the country to reduce its energy consumption and improve energy efficiency across all sectors including residential. To qualify for the Federal tax credit, homeowners must have qualifying energy-efficient properties in their main residences within the period of 2006 through 2013.

Recession sets off great interest in efficiency

Green (Living) Review

According to a new survey from The Shelton Group, 71% of people considered buying energy efficient products "to save money" in comparison to 55% who said it was "to protect the environment." Then consumers who were buying or considering to buy energy efficient products said they did so because of their concern for the environment. In this setting the recession could be good for the environment and those that produce such energy efficient products.

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Green (Living) Review

The UK’s largest home improvement and garden center retailer, believes energy saving should be affordable for all and found 95 per cent of its customers agreed when surveyed that reducing VAT would encourage them to buy energy efficient products. A recent letter from the Treasury has recognized that energy efficient products, not currently in scope for the VAT reduction, ‘may play a major role in reducing household energy use’ and are being kept under review.

B&Q launches petition and cuts the VAT on energy monitors permanently

Green (Living) Review

B&Q believes energy saving should be affordable for all and when surveyed, 95 per cent of its customers agreed that reducing VAT would encourage them to buy energy efficient products. B&Q has evidence that price reductions through VAT cuts drives up sales of energy saving products like insulation and light bulbs. Examples include solar panels and insulation materials.

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Make a difference!

The Green Changemakers

Get your friends involved Offset your Travel Re-use Recycle Insulate Use the “Off” switch Control Temperature Efficiently Drive smart and walk more Buy energy efficient products Plant a tree Don’t use a Screensaver Use Less Water Encourage others to conserve. Help us to make a difference. With every pledge you join thousands of others who are committing to small steps to help bring about change.

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Brits still not switched on to energy saving, new study shows

Green (Living) Review

According to a new study, while 94% of us say we want to become more energy efficient, only 37% of us currently rate ourselves as such – and it’s the basics that are still eluding us. Yet 82% of people say if they could make one simple change to become energy efficient they would, and 88% say that if making that change would be guaranteed to save them money over the next five years, they would do it. And when it comes to other forms of insulation the same is the case.

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Global Warming Solutions

The Green Changemakers

We need to drive smarter cars, save money with energy efficient homes and offices, and build better communities and transportation networks. DRIVE SMARTER CARS Choose an efficient vehicle: High-mileage cars such as hybrids and plug-in hybrids use less gas and save money. Sealing drafts and making sure that your home has adequate insulation are two easy ways to become more energy-efficient. Buy energy-efficient appliances.

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