Maine Rebates

We recently wrote about Federal Energy Star Tax Credits. Did you know that in addition to the tax credits, the State of Maine offers a rebate on certain Energy Star appliances? The appliances include certain Central Air Conditioners, Heat Pumps (Air Sourced), Water Heaters, Furnances and Boilers.

In order to receive the rebate the home owner must be a Maine resident, own a single family residence year around and must be replacing an older less-efficent system.

For more information and full details check out the US Department of Energy and Efficiency Maine's Fact Sheet

Energy Efficiency Tax Credits

The Energy Star - you see it on large and small appliances, building materials, heaters, air conditioners, electronics, light bulbs...the list of items goes on and on.

There is a Federal Tax Credit that you can take if you install certain items into your property. Eligibility of the product and amount of tax credit is dependent upon if you install the item into a primary home, second home, rental or new construction property.

Here in Maine we are aware of the efficiency of our homes and the cost to heat. There are many resources located here in the Midcoast and throughout Maine for more efficient systems, building products and alternative energy. If you need help finding resources ask your Jaret and Cohn broker.

This tax credit might make it a good time to update your property, increase the value of your real estate, make it more efficient and enjoyable.

For more information, product eligibility and amount of tax credit visit: http://www.energystar.gov/index.cfm?c=tax_credits.tx_index

image from: energystar.gov