Tax Rebates

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04.13.2009

The Bite:
Not 100% satisfied with this year's tax rebates? It's too late tax year ‘08, but in April 2010, simply return your tax forms for a bigger refund by taking advantage of very special local and federal ’09 offers for going green. Shipping and handling not included.
The Benefits: 
  • Convenient payment plans. Example: So you can't afford solar panels on your own - the feds will foot 30% of the bill (and your state and local governments might offer even more).
  • No-risk eco-savings. Just in case you haven't been reading your Daily Tips (ahem): Actions such as installing a new water heater or buying a hybrid can lead to way less CO2.
  • Crediting your karma account. Donating stuff you don't need just feels good and keeps it from going to waste in landfills.
Personally Speaking: 
Last year, a now-much-warmer Jen took advantage of a tax credit and got better insulation for her MT house.
Wanna Try: 

Cocktail Fact

It costs the IRS $2.45 to collect every $100 in taxes.

Bang For The Bite

If 10,000 Biters take advantage of water heater credits and install a more efficient heater, we'll avert the CO2 caused by 248 cars in a year (not to mention a collective $3,900,000 on our energy bills).

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Tips Like This

One of the most powerful bites, ever..or at least since I've been biting! Keep up the great work.
I am all for hybrid vehicles. Any way to RRR is great with me, and love the decreased NOISE almost as much as the earth-saving bent of the product. I would be interested, however in your opinion. It is obvious the benefits of keeping cars out of landfills. It is obvious the huge stewardship points gleaned from alternate sources of energy. Do I put my 1995 Jeep Wrangler to pasture (car dealer to possible junk yard, with it's age, tho a classic), and replace with a hybrid (smaller environmental impact initially, during service and at disposal, I would hope) OR Is it more ecologically sound to keep the Jeep considering its less than stellar gas milage (20mpg), however, it HAS already consumed resources with its creation; I should use it to it's end thereby stalling my purchase of more consumer goods I dont REALLY need. Whaddy Think?
So how did you (Jen) get the insulation tax credit? When I tried to take it last year, I found that the federal energy efficiency tax credit had been allowed to expire at the end of 2007. It was renewed in 2008, but it didn't take effect until the beginning of 2009, so I thought those of us who added insulation and other improvements in 2008 were just plumb out of luck.
P.S.: Here's a link to the Energy Star page on the tax credits: http://www.energystar.gov/index.cfm?c=products.pr_tax_credits. It specifically says that tax credits for insulation were not available in 2008. Is this wrong?
Purchasing a hybrid car, energy star appliance, solar panels, and other ways of "going green" are all very good ideas. But realistically, who can afford to do any or all of those things? Even with 'tax credits' and government subsidies all of those are huge expenditures. I can't even afford the thousands of dollars it would take to install a "supposedly energy saving" heat pump (and get rid of my energy sucking forced-air electric furnace!) First of all, there is absolutely no guarantee that my energy bill would go down. And even with a tax credit, I'd still probably have to fork out around $5-10,000. So, although your ideas are all good, I think they are mainly geared toward the rich and upper middle classes, but especially the rich. What we really need is a government that doesn't just "supplement" or give tax credits for these programs, but instead actually pays for them completely. Then that would really have some environmental impact. Why doesn't your site start advocating for socialism? In the end, it is much more cost effective and practical, and would enable ALL people to use these energy saving devices.
No green rebates for 2008! Bush ended that with 2007, but he signed it back into action for 2009. So those replacement windows we got in 2008? And new storm door? No discounts. None. Thanks, Mr. Bush.
Glad to see some incentive to go green. Is there a rebate for simple things such as condensed florescent light bulbs, low flow faucets and general furnace maintenance?
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The American Recovery and Reinvestment Act of 2009 makes now a very attractive time to consider energy efficient appliances from energy star as well as replacement windows. They are both worth the cost of investment since the government will be partially paying for them, and they improve the aesthetics and resale value of the house while increasing energy efficiency.
One of the most powerful bites, ever..or at least since I've been biting! Keep up the great work. games adventure games

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