Monday, January 31, 2011

Does it pay to go green?

Incentives, incentives...the upfront cost of going green with solar panels (most common interpretation of going green for residential use), can sometimes scare off homeowners who could benefit financially while helping the environment benefit through reduced fossil fuel consumption. The financial burden has been greatly reduced through incentive based programs by states and the federal government. In most cases, the overall cost is reduced by 50% after applying for and receiving the tax credits. This reduction makes the installation of solar panels for home energy independence much more affordable and shortens the time line to recoup the upfront costs. Massachusetts has dedicated $1 million dollars to this endeavor. Speak to some contractors to see how much it would cost for you to make your home more green friendly and review the incentives you could receive. Creating a green friendly home not only helps the environment, but also can help save you money in the long term as well as increasing the value of your home.

http://www.boston.com/lifestyle/green/greenblog/?p1=Well_Local_GreenBlog

- Design is what you make it.

No comments: