More green for going green

April 26 2018


Integrating green technologies into your home is a great way to save cash. It can lower your energy usage -- and subsequently, your monthly bills -- and make managing your home more affordable in the long run. Certain green upgrades can also qualify you for other savings -- things like cash rebates, lower energy rates and even tax credits.
 
Are you thinking of going green in your home? Here are a few upgrades that can save you added cash through national, state and local programs:
 
Solar panels and solar-powered water heaters: These can qualify you for the Residential Renewable Energy Tax Credit or the Solar Energy Investment Credit, which covers 30 percent of your cost to purchase and install your new system. 
 
Wind turbines, geothermal heat pumps and renewable resource fuel cells: These also qualify you for the Residential Renewable Energy Tax Credit.
 
Energy-efficient washers, heat pumps, toilets, insulation, water heaters and other appliances: These can qualify you for various utility rebates and reduced rates. Programs exist for Springfield residents, as well as Ameren Illinois, Peoples Gas, MidAmerican Energy, Nicor Gas, Jo-Carroll Energy, Illinois Municipal and ComEd customers
 
Energy Star-rated products and appliances: Replacing many of your in-home appliances could qualify you for various cash rebates. Just check the Energy Star website to find eligible products near you.
 
If you're thinking of renovating your home or upgrading any of its systems or appliances, keep these incentives in mind as you decide which route to take. Need funds to cover your renovations and upgrades? Contact us to inquire about a cash-out refinance that can help.

  

Whether you are buying, selling, or refinancing, it is important to have an experienced mortgage professional to help you analyze your financing options, and make sure the closing goes smoothly. As a loan officer with Midwest Community Bank, I have the expertise and experience to get you the right mortgage, and to handle your transaction professionally. With my experience, and our rates and programs, you are sure to get the mortgage that is right for you. Please remember to get me involved early on in your home-buying process. Starting the Process not only gives you a better idea of what you can qualify for, it also gives you a stronger negotiation position when you find the home of your dreams.