Category Archives: energy savings

Solar tax credit falls after 2019

By 2022, the residential tax credit is scheduled to be eliminated altogether

Used as an incentive by the U.S. government to build out solar across the country, the ITC since 2006 has allowed commercial and residential customers to deduct 30 percent of the cost of installing a solar energy system from their federal taxes. Since a rooftop system can frequently cost $20,000, a 30 percent credit can amount to $6,000 in tax savings.

But 2019 is the final year the ITC remains at 30 percent. Starting in 2020, the tax credit steps down to 26 percent and in 2021 it drops to 22 percent. And in 2022, it is scheduled to go away completely for residential customers. For commercial solar installations, the ITC will drop to 10 percent in 2022, where it is scheduled to remain.

read more at: https://www.sandiegouniontribune.com/business/energy-green/story/2019-04-27/solars-30-tax-credit-for-installations-starts-to-fall-after-this-year

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How to stop your pool from draining your wallet

pool

Tips for cutting pool power consumption

  • Switch to a variable speed pump: Analysis from the Department of the Environment and Energy revealed that a variable speed pump can cost twice to buy as much as a fixed speed pump, but half as much to run over the life of the pump, saving pool owners far more than the difference in the purchase price.
  • Take advantage of peak and off-peak pricing: Households that take advantage of time-of-use or flexible pricing for electricity will generally see the biggest savings by running pumps between 11pm and 7am. On the other hand, power will be the most expensive between 2pm and 8pm.
  • Adjust your maintenance schedule: Set your pool pump to the minimum runtime that still keeps the pool clean. Empty the skimmer basket regularly to maintain good water flow and reduce the load on the pump.

read more at: https://www.domain.com.au/advice/how-to-reduce-the-running-costs-of-your-pool-793219/?utm_campaign=strap-masthead&utm_source=smh&utm_medium=link&utm_content=pos5&ref=pos1

Does going green net you more when selling your home?

solar

If you make extensive energy-conservation and other green improvements to your home, will they earn you a premium price for the entire house when you go to sell?

For years, the easy answer has been, oh yeah, absolutely: Green is good, everybody knows that saving energy is a no-brainer, and buyers will pay more to get it. There’s research to back that up. A study of California sales found that green-certified homes sold for between 2.1 percent and 5.3 percent more than similar homes with minimal or no green features. A 2015 study of renovated homes in Washington D.C. concluded the average price premium was around 3.46 percent. A study last year in Texas found that green-certified homes sold for 8 percent more than comparable properties.

If you are in the San Diego area contact the appraisers at www.scappraisals.com ; they are forerunners in green properties appraisals.

Home builders have told researchers that two-thirds of their customers say they’re willing to pay higher prices for homes with significant green features, such as energy-efficient appliances, heavy-duty insulation, water conservation, healthy indoor air quality and others.

So is that it? Going green always nets you more green — case closed? Not so fast. Two recent studies by appraisers with long experience valuing green homes suggest the answer is more nuanced. Some of the researchers’ findings in brief: Though generally it’s true that green improvements will earn you at least a little higher price, the size of the premium may depend on external factors you hadn’t thought about:

  • Does the Realtor you picked to list your home know enough about green improvements to market them effectively? Is the agent competent to market what you’ve got to sell?
  • Does the agent have any formal training in this area, evidenced by a green designation in her or his own listing presentation or advertising?
  • Does the listing for your home in the local Multiple Listing Service (MLS) contain crucial information about your green improvements, such as a “green addendum” that details the special features that make it energy-efficient?
  • Does the local MLS have “green fields” that allow listing brokers to fill in the blanks with appropriate detail so that other agents — the ones who are going to find your buyers — know what your house really offers in terms of green improvements?
  • Do Realtors in the area know much or anything about rating systems such as HERS, LEED, ENERGY STAR or others? Do they know where to turn locally to obtain a rating? (HERS stands for Home Energy Rating System; LEED is a globally recognized rating system for residential and commercial green real estate; ENERGY STAR is a federally developed rating for appliances, building materials, entire houses and commercial property.)

If none of these key factors is working for you, your green features may be impressive, but may not earn you much of a premium. Worst case, they might even get you nothing.

rear more at: https://www.miamiherald.com/news/business/real-estate-news/article220044410.html

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