Heating, Cooling, and Going Green in the Southern Oregon Real Estate Market
In a previous blog about Going Green in the Southern Oregon Real Estate Market, I pointed out the benefits of purchasing premium high-efficiency appliances and having the State of Oregon help you to pay for them. This blog focuses on the key elements of heating and cooling and the applicable tax credits from the State of Oregon.
Studies show that gaps, leaks, and holes in heating and cooling ductwork can account for as high as 25 percent of either heating or cooling loss, depending on the season. The Department of Energy for the State of Oregon offers a tax credit of up to 25 percent of the eligible cost with a cap of $250 for well-designed and sealed ductwork in new homes or for ductwork improvements made in existing homes in the Southern Oregon real estate market. If you’re going green, the ductwork must be completed by a technician certified by the Oregon Department of Energy in order to take advantage of the tax credit.
Heat pumps and air conditioning systems fall under similar guidelines. You can earn a tax credit for up to $150 when you seal your ductwork by a tax-credit certified technician at the time of installation of a new heating system. Tax credits for going green in the Southern Oregon real estate market also apply to heat pumps and air conditioning systems and they offer an even greater tax credit, up to $250.
Finally, if you purchase a premium efficiency furnace, boiler, or air handler certified by the Oregon Department of Energy, you will qualify for an additional tax credit. These credits are determined by the model and type of furnace, boiler or air handler and the list of qualifying models is available at www.oregon.gov/energy.
As you can see, going green in the Southern Oregon real estate market is becoming more affordable but you must take advantage of these tax credits before they lapse.
A Socially Conscious Real Estate Consultant
More on Topics: Cooling, Estate, Going Green, Green, Heating, Market, Oregon, Real, Real Estate, Southern, Southern Oregon, Southern Oregon Green Real Estate, Southern Oregon Real Estate, Southern Oregon Real Estate Market
Tags: Cooling, Estate, Going Green, Green, Heating, Market, Oregon, Real, Real Estate, Southern, Southern Oregon, Southern Oregon Green Real Estate, Southern Oregon Real Estate, Southern Oregon Real Estate Market
This entry was posted on Friday, May 15th, 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.
