The arrival of your electric bill every month doesn't have to be a day of dread, doom and gloom. We've compiled a helpful, practical list of 13 ways to save a ton of money on your annual electric bill, plus a couple of tips for more future savings!
Tag: tax credits
The SAVE Act: Qualify for Larger Loan or Better Rate with Energy Efficient Home
Most of you already know that homeowners can get a tax break when making their homes more energy efficient, but did you know that the possibility exists for you to qualify for a larger loan or a better interest rate if the home you’re purchasing is deemed energy efficient? A...
Virginia Home Efficiency Rebate Program Is Open Again!
As of today at noon, the Home Efficiency Rebate Program is open again, making approximately $5 million available to those who make their existing homes more energy efficient. This seems like a lot of money (which is provided by the Department of Mines, Minerals, and Energy), but it will not...
Virginia’s Livable Home Tax Credit Program
There is a tax credit in Virginia called the Livable Home Tax Credit, which grants up to $5,000 to folks who purchase a new accessible housing unit, or to up to 50% of cost for folks who retrofit an existing residence with accessibility features. (The limit used to be $2,000,...
An Update on The “MID” (Mortgage Interest Deduction)
You might recall that we posted earlier this year about the Mortgage Interest Deduction and how the current Administration is trying to change this tax deduction that has been in place for over 80 years. Well, as you can imagine, this has stirred up some strong feelings from homeowners. In...
Tax Exemption for Solar Energy in the City of Harrisonburg
A while ago we posted about using solar energy to power your home, and how EMU has been making Virginia history by installing the Commonwealth’s largest solar panel array. Solar energy is a very economical use of resources, and is becoming more and more popular. There have been tax credits...