Energy Efficient Office and Vehicle Tax Credits

The following are some helpful hints- which not only can save you money in the home but in the office as well 

For more information- go to Alliance to Save Energy– which has tons of great information 

“President Bush has signed into law new consumer tax credits for energy efficiency home improvements, as well as purchases of plug-in hybrid vehicles. These provisions were included in H.R. 1424, the Emergency Economic Stabilization Act of 2008, which the president signed on October 3, 2008. The homeowner tax credits are largely the same – but not identical – to those that expired at the end of 2007, and begin again on January 1, 2009.

Taxpayers who claimed some but not all of the $500 federal income tax credit for energy efficiency home improvements that was in effect in tax years 2006 and 2007 may utilize the unused portion in 2009, the IRS has informed the Alliance to Save Energy. Please consult your tax advisor for details.”


Brief Recap of the credits available in 2009:

* Purchase of hybrid car or SUV: $250 to $3,150, depending on vehicle weight and fuel economy.

* Purchase of central air conditioner or heat pump: $300, only some Energy Star products qualify.

* Furnace or boiler: $150, only some Energy Star products qualify.

* Windows: up to $200, all Energy Star windows qualify.

* Insulation and sealing: up to $500, must meet model building code as installed.

* Ground source heat pump: up to $2,000, only Energy Star models qualify.

* There is a limit of $500 in tax credits for home improvements.


Energy and Money Saving Tips for Consumers

  • Almost 45 percent of Americans’ residential energy bill goes to home heating. 
  • The average home heating energy bills for American households heated with natural gas will increase by  about $30 compared to last winter and by about $80 for homes with electric heating.  
  • Heating costs for homes using heating oil will decrease by about $260 compared to last winter, while heating costs for homes using propane will decrease by about $140. 
  •  American households are projected to spend about $3,450 on gasoline costs in 2008, about $500 (seventeen percent) more than they did in 2007.    

 Reducing Home Heating Costs   

  • Turn down the thermostat.  In America, lowering it by just 1 degree can reduce heating energy costs by up to 5% – between $35 and $70, depending on the fuel used to heat the home. 
  •  Plug leaks – Gaps between windows and doors may be small, but they can collectively add up to big energy losses.  Plugging these leaks with caulk or other materials is the first action homeowners should take to combat high heating fuel costs.  By sealing those leaks and installing proper insulation, especially in the attic and crawl spaces, American households can reduce home heating costs by up to $180-$340 per year, depending on the fuel used.   
  •  Heat people and pets, not empty space – about 80% of space is usually not being used at any given time.  Closing vents in unoccupied rooms and using small space heaters to heat occupied areas can save a significant amount of energy – and money. 
  •  A programmable thermostat costs about $100 – but if used properly, it can save American households up to 10% on their home heating bills – up to $90-$170 a year. 
  •  Set the hot water heater at 130 degrees.  Use cold water when washing clothes to save more energy and reduce bills for water heating.   

Other Energy-Saving Tips 

  • By replacing their four most used bulbs with compact fluorescent bulbs, American households can save about $135 over the lifetime of the bulbs. 


  • Statistics compiled by the Alliance to Save Energy using data from the Department of Energy; US Census Bureau; Environmental Protection Agency; Bureau of Transportation Statistics; National Climatic Data Center;; Hearth, Patio & Barbecue Association; Proctor & Gamble.
  • Oregon Tax Credits 
  • Environmental Leader– Green Tax Credits 
  • Get Tax Incentives for Green Living