I am sure if you asked a baby today what they’ll wish for the world, it will shout “go green” Oh yes, after years of toiling with our environment and destroying it, the reality is now staring us in the face and it is time to do something before it gets even worst. With fears of the earth’s environment degrading further, there’s every reason why there should be tax rebates for green homes.
Just before you hurry off and paint your home green with the home of getting some tax deductions, a green home is not a home that is painted green. These are homes that are making use of energy efficient technologies that have less effect on the environment. These are houses that make use of energy efficient heating and cooling systems and those that are using alternative sources of energy like solar and photovoltaic.
Most of the tax rebates are focused on areas like; air conditioning and heating systems, insulation, boilers, furnaces, types of roof mainly asphalt and metal, solar heating systems, exterior windows and doors, and other alternative energy systems. Most of these rebates are up to 30% of the cost of the system in question.
While tax breaks have been known in other areas like in business, it is time for home owners to also benefit and governments are encouraging those who are making an effort to reduce their carbon imprints by offering tax rebates. If you have an already finished home, as a home owner, you could benefit from this reform by making small maintenance which could include installing more energy efficient windows. Note that only people living their own homes may qualify for such rebates. Also any newly constructed house will not be considered for such rebates. As the world decides to go green, there are bound to be more tax incentives to encourage people lead a green life.