Thursday, October 20, 2011

Saving Money on Environmental Improvements


Sabine Dohrn, former IFA board member and environmental expert, asked me to post her email about how to take advantage of rebates offered by various sources.  Taking advantage of all possible rebates might save you over 60% of the cost of environmentally friendly upgrades to your house.

Here is Sabine's email:


With climate change, raising energy prices and financial uncertainty looming, it seems like a good idea to look into the rebates being offered by Montgomery County, Maryland and PEPCO for home improvements that are energy efficient.  One can simultaneously take advantage of all of them and can save over 60% on the cost.  If you need to replace your furnace, are planning to insulate your attic or buy a new appliance, you may want to check these websites out.  Be careful though to make sure to hire an approved auditor if you are planning to do for example envelope improvements, i.e. wall or attic insulation or duct sealing etc.. The cost for the audit is $100 which is reimbursed by Maryland. 

For MEA (Maryland Energy Administration), instructions can be found at the link below. 
These funds will soon run out.  

Montgomery County  requests that the homeowner submit the rebate application on-line:

Pepco rebates are applied for by the contractor, after all work has been performed.

One should really take advantage as one can save up to 70%, taking into account 
rebates from these three sources plus federal tax income credits.


Harvey


No comments: