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Greetings!
This issue focuses on how to find and access energy rebates/grants that might apply to your project. Going Green can "Save You Green"!
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"Going Green" continues to be the goal for building projects, business operations and personal lifestyles.
In the building arena, all levels of government and in some cases utility companies continue to offer incentives to go green. These incentives take on many forms, including: tax deductions, tax credits, rebates, direct grants, loans and bonds, creation of special "green" districts, zoning bonuses, expedited permitting and performance based initiatives.
Although a variety of sustainability incentives are available, there are some challenges to gaining access, not the least of which is figuring out the criteria
and
determining if your project is "Green" eligible. Many programs also have limited time windows, so in some cases an organization has to move fast to take advantage of opportunities.
- There are a number of tax credit programs available. The advantages are two-fold: they are usually transferable from not-for-profits to ratable organizations and they provide a dollar-for-dollar tax savings.
- Many state and local municipalities also reward energy efficiency through grants, loan, rebates, and bonds. These range from rebates on individual appliances and equipment to bond financing for entire buildings. Some municipalities also provide non-financial incentives for green projects, such as zoning height/floor area bonuses and expedited plan review and permitting.
These are just a few of the many ways you can save some green by going green. But to be successful you need the resources to get started. Check out these sites:
Provides grants, funding and tax incentives to business and industry to increase the use of renewable energy and energy efficiency technologies.
A great source of information for state, local, utility and federal incentives and policies that promote renewable energy and energy efficiency.
Make use of the Federal income tax incentives for energy efficient products and technologies passed by Congress as part of the Energy Policy Act of 2005.
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Do you have questions or feedback about the information provided or regarding your property or building that we can answer? Contact us and we will be happy to provide you with any additional information you may need. We want to continue to offer content that interests you, our readers. Please drop us a line and let us know what topics you might want to learn more about. As always, We love hearing from you.
Sincerely,
John W. Baumgarten, RA, AIA, NCARB, LEED AP
Principal & President
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