It's Easy Being Green - Enviromental Rebates

writermom02 By writermom02, 23rd Jan 2014 | Follow this author | RSS Feed | Short URL http://nut.bz/1ys08_wt/
Posted in Wikinut>News>Environment

Many people may not realize it, but going green can earn you money while saving the planet.

Residential Options That Save On Utilities

My husband and I are looking for ways to make our home more energy efficient. We would like to replace the windows in our home but can't afford it yet. We have a laundry list of things we would like to do.
1. Installing a tankless hot water heater
2. Replace our old windows with double pane energy efficient windows
3. Installing a wind turbine on our house.
The cost for these energy saving projects are as follows:
1. Rheem gas tankless hot water heaters start at $744.00 to the $1, 179.00 model which we will probably need (www.rheem.com/group/tankless-gas-waterheaters.com)
2. Replacement windows by Window World were running $11,000.00 (Last year we actually got an estimate and demonstration from the fine folks at Window World)
3. Residential wind turbines vary greatly in cost. Some wind turbines can be purchased from Home Depot for as little as $677.00. Still other models can cost $1, 976.76 up to $3,799.99. (Three thousand dollars it a bit above my budget)

Environmental Rebates

It is great to know that there are so many wonderful products out there that help us save on our utilities while limiting our footprint on the earth. The problem is being able to afford them. In my case I don't want to choose one option. I want them all. Unfortunately at this time I cannot afford any of them. Or so I thought. There is actually a website that contains a database of state incentives for renewables and efficiency. The website is www.desireusa.org/incentives. You can search out incentives offered by your utility company by state. Go to the website and click on your state. For my state there are rebates for the three efficiency options I am considering. The rebates range from a few hundred dollars to a few thousand depending on what I want to invest in. I cannot afford to purchase all my options right now, but I can pace myself to eventually have a energy efficient green home. This is a great way for you to find out what is out there and how it can assist you in accomplishing your dream to become green.

Energy Improvement Mortgages

As I dug deeper into the desire website, I found that the government offers loan programs to homeowners who have or want to upgrade to more energy efficient homes. The two programs available are the Energy Improvement Mortgage and the Energy Efficient Mortgage. (Residential Energy Services Network/www.resnet.us/professional/ratings/mortgages) These programs help existing home owners and new home owners save money on energy saving homes. In my case I could get an energy improvement loan incorporated into my mortgage and that would give me the money to purchase the energy saving options I want.The is offered as an FHA, Fannie Mae, Freddie Mac or Veterans Administration home energy mortgage. I am not a veteran but for those who are the this option is opened to you. The Resnet website breaks down the types of loans, their requirements and any other pertinent information you will need to make an informed decision on if the program is right for your family. There is help for people like me who want to go green in a big way, but have little in the way for funds to accomplish this goal.

Tags

Gas, Hot Water, Mortgage, Rebates, Tankless Waterheaters, Utility Companies

Meet the author

author avatar writermom02
I am married and a 52 year old mother of two. I am also a self published author who is concerned about the world I leave for my children and grandchildren

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