Have you been thinking about doing some improvements to your home but are afraid to spend the money? If so, then be sure you now about the free grant money for home improvements available through the government. This extra incentive can be a win win for anyone wanting to do some home improvements. There has never been a better time to make those improvements.
So, you may be wondering exactly what type of improvements will qualify to receive extra funding. Of course, painting you home or installing that beautiful paver driveway will probably not be covered by any government funding, but if you need a new roof, water heater, air conditioner, new windows or doors, or even appliances, then you probably will be able to get a tax credit, resulting in more money in your pocket.
- Get a new roof. If you roof is needing replaced within the next couple of years, then now is the time to replace it. Choose a metal roof or shingle roof that is listed on the qualified Energy Star product list and receive up to $1500 tax credit. Not only will you get a tax credit, but these new roofs will help keep your energy bills down too.
- Get a new air conditioner. If you air conditioner is 10 years old or older, then it is time to upgrade to a new one. Especially now when you can be included in the tax benefits. You can upgrade to a 16-seer unit or 13 EER unit and receive the tax break. Again, not only will you receive the government tax credit, but you will also save money every month on your energy costs.
- Change you water heater. Chances are if your water heater is over 10 years old, it needs replaced. These things get bogged down with lime and scale deposits rendering them less energy efficient. Get a new solar or tankless model and earn up to a $1500 tax credit.
- Change out your windows and doors. If you house is like mine and over 20 years old, then new windows and doors can save you a bundle. Not only will you see the savings each month in your electric bills, but you will also qualify for a $1500 tax credit for your doors and one for your windows as long as you get the energy efficient types that meet the Energy Star Standards.
- Appliances. Do you still have those avocado green or dark brown appliances in your kitchen? If so, it is time to change them out for more energy efficient ones. You will save on your monthly electricity costs to run them plus all across the country manufactures are running discounts and rebates on these Energy Star products.
In the end, it is important to do your research and make sure you are taking advantage of the multitude of tax credits and free grant money for home improvements. Remember, a tax credit is extra cash in your pocket at the end of the year.