Going Green, Tax Credits, and the Southern Oregon Real Estate Market
With the passing of each month, the Southern Oregon real estate market gets greener and greener, in part thanks to tax credits offered by the State of Oregon. The state currently offers Southern Oregon residents tax credits for premium energy efficient appliances, for heating and air conditioning systems, for high efficiency water heaters, for ground-source heat pumps, for making electricity and contributing to the grid, and yes, even for having hybrid vehicles.
Going green in the Southern Oregon real estate market is getting easier all the time and all you’ve got to be is a home owner or a renter who owns the appliance or system that qualifies. There is more information available about these programs than this blog can possibly cover in one installment, so for now, I’ll stick to just one area… household appliances.
Consider yourself going green and qualifying for a tax credit if you purchase a household appliance certified by the Oregon Department of Energy. In the Southern Oregon real estate market, this means clothes washers, dishwashers, and refrigerators.
It also means qualifying water heaters such as tankless natural gas or propane water heaters and electric heat pump water heaters. Unfortunately, conventional tank-type water heaters are not efficient enough to be considered “going green” and so they do not qualify for the tax credit. The tax credit amount for appliance is the amount designated for qualifying models or 25 percent of the net purchase price.
The Southern Oregon real estate market just keeps getting greener. More in my next post about the Oregon tax credits for heating and cooling.
A Socially Conscious Real Estate Consultant
More on Topics: Going Green, Green, Oregon, Real Estate Market, Southern Oregon, Southern Oregon Real Estate, Southern Oregon Real Estate Market, Tax, Tax Credits
Tags: Going Green, Green, Oregon, Real Estate Market, Southern Oregon, Southern Oregon Real Estate, Southern Oregon Real Estate Market, Tax, Tax Credits
This entry was posted on Monday, May 4th, 2009 at 9:00 am and is filed under the category Grants Pass Real Estate, Green Real Estate, Michael Masters. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.
