Saving energy is an imperative task for any individual. With the growing cost of living and limited means to earn, cutting down on a few expenses seem the most likely course taken by all. Amongst all the ideas used to reduce the expenses done, cutting down on the maintenance of the house or any other self owned establishment is the most beneficial initiative. Energy audit is one such way where in you can reduce the expense on one of the most potent areas of over expenditure, the monthly energy bills.

Every house or establishment has many loop holes that lead energy wastage. On closing these areas we can save precious energy from seeping out and make a huge difference in the monthly bills we pay. Conducting an Energy Audit is an effective way of curbing the energy loss. This process is performed by a certified Energy Auditor who checks the energy performance of the establishment. The survey includes checking of the gaps in the walls, doors and windows, the defects of the HVAC appliances etc. After the complete analysis of the house a list of home improvement recommendations are made.  The implementation of these suggestions exhibits a drastic change in the monthly utility bills.

But apart from the money you save each month after a complete process of energy audit you are also eligible for certain Tax Credits.
http://www.energystar.gov/index.cfm?c=tax_credits.tx_index

Energy Audits after saving you a fortune on the utility bills also proves useful in getting you certain tax benefits and saving the income tax you pay. Improving your home to make it more energy efficient gives you certain privileges, this helps you further cut down on your expenses. Many establishment owners find it difficult to reduce the amount they spend on their energy bills, in such cases an energy audit will let them know what kind of energy is leaving their area and in what amount. They will also recommend a few changes that include the installation of some equipment that is most effective in using energy. Thus you can avail certain tax credits by installing specific energy-efficient equipment in your establishment. Also if your home is already equipped with such appliances then you are eligible to the tax credits, however, the home needs to be your principal residence.

On applying for tax credits you can reduce your total income tax getting a dedicate amount of dollars for each of the qualified energy efficient home improvement products that you have installed or are planning to install. Following are the energy-efficient home improvements products that can get you tax credits are –

Exterior windows – 10 per cent tax credit

• Central air conditioner, water heater, and heat pump products – Tax credit worth 300 dollars
• Insulation equipment, pigmented metal roofs and exterior doors – Tax credits of 500 dollars
• Furnace and boiler products – Tax credit of 150 dollars maximum

StarEnergyAudits.com is a leading service provider for professional energy audits. Our team of qualified professionals analyze your house thoroughly and propose effective measures to reduce energy wastage. We are well known for our impeccable services in New Orleans, Louisiana and surrounding area. Call Brad Harris at (504) 383 – 3261 to learn what tax credits you are eligible for.

Tags: energy bills, energy star tax credits, save money, tax credits

This entry was posted on Wednesday, March 30th, 2011 at 2:35 pm and is filed under Tax Credits. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.