Going green not only conserves natural resources, it can also save you money, and not just because your costs are reduced. Some energy-efficiency tax credits signed into law recently are still in effect. These credits are available to consumers for the purchase and installation of energy-efficient appliances and products, as well as the purchase of fuel-efficient vehicles.
The tax credits allow consumers to reduce their tax bills on a dollar-for-dollar basis. According to the U.S. Department of Energy, consumers who purchase the most fuel-efficient vehicles could reduce tax liability by up to $3,400, and those who install certain products like energy-efficient windows, insulation, doors, roofs, and heating and cooling equipment in the home can receive up to $500 off their federal tax bill.
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Conserving the Bottom Line through Energy Conservation
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