House

Purchasing new energy efficient appliances may put federal tax credits and dollars in your pocket

Date: 
02/16/2010

Federal tax credits, the State of Illinois Recovery Act Rebate and Chicagoland Natural Gas Savings Program rebates are available for energy efficiency, reducing initial costs and monthly energy bills.

Federal tax credits
Included in these incentives for existing homes used as principal residences are biomass stoves; heating, ventilating, and air conditioning; insulation; roofs; water heaters (non-solar); and windows and doors. They are scheduled for a credit of 30% of cost for up to $1500 thru Dec. 31, 2010.

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