Consumers earn credits for energy-efficiency improvements

The first comprehensive energy bill in more than a decade offers consumers many incentives for improving the energy efficiency of their homes and businesses. The U.S. Department of Energy provided the following list of credits available in 2006 through the new energy legislation:

• Consumers can receive a credit of up to 30 percent of the cost (up to $2,000) for installing solar-powered hot water systems used exclusively for other purposes than heating swimming pools and hot tubs.
• Tax credits are available for up to $500 on the amount spent to upgrade thermostats, caulking leaks or stopping energy waste.
• Up to $200 credit is available for homeowners who install new exterior windows.
• Consumers can receive up to $300 credit for purchases of highly efficient air conditioners, heat pumps or water heaters.
• Up to $150 is available for installation of a highly efficient furnace or boiler.
• A 10-percent investment tax credit is available for expenses to improve a home, including credits for the purchase of advanced main air circulating fans, natural gas, propane or oil furnaces or hot water boilers and other qualified energy-efficient equipment.

More information on conserving energy at home and at work can be found at Partnerships for Home Energy Efficiency and Energy Star.