Propane appliances continue to
make more sense
than ever for Builders and
Homeowners.
With
federal energy efficiency tax
credits available for 2009
and rebates currently being
offered by local propane
marketers, builders and
homeowners will now be able to
save up to $1,000 by installing
appliances powered by
environmentally friendly propane
fuel.
Under the omnibus
financial rescue legislation
that was signed into law on
October 3, 2008, homeowners can
receive up to $500 in energy
efficiency tax credits for
propane appliances purchased in
2009. Homeowners that install
high-efficiency propane water
heaters, furnaces, and boilers
are eligible to receive the tax
credits. In addition, $500
rebates are being offered in
2008 and 2009 by local propane
marketers for propane water
heating and central heating
system equipment.
In addition to
the rebates and consumer tax
credits, builders are eligible
for a tax credit of up to $2,000
per home. The home must be
certified to use at least 50%
less energy of the heating and
cooling energy of a comparable
home that meets the standards of
the 2003 International Energy
Conservation Code.
So, if you are
planning new construction
projects in 2009, you and
your customers now have a
significant financial incentive
to install propane appliances in
your homes. Also,
high-efficiency propane
appliances are great products if
you build green homes or if your
customer is environmentally
conscious. Not only will these
energy-efficient products lower
your customers' monthly energy
bills, they also are more
environmentally friendly than
appliances fueled by oil or
electricity produced from coal.
For more information on tax
credits,
click here.