Government Incentives for Energy Efficiency

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Database of State Incentives for Renewables and Efficiency

DSIRE is a comprehensive source of information on state, local, utility and federal incentives and policies that promote renewable energy and energy efficiency. Established in 1995 and funded by the U.S. Department of Energy, DSIRE is an ongoing project of the N.C. Solar Center and the Interstate Renewable Energy Council.

 

The Recovery Act

Congress passed the American Recovery and Reinvestment Act of 2009 at the urging of President Obama, who signed it into law four days later. A direct response to the economic crisis, the Recovery Act has three immediate goals:

Create new jobs and save existing ones
Spur economic activity and invest in long-term growth
Foster unprecedented levels of accountability and transparency in government spending

 

Energy Tax Credit Incentives

A tax credit is generally more valuable than an equivalent tax deduction because a tax credit reduces tax dollar-for-dollar, while a deduction only removes a percentage of the tax that is owed. Consumers can itemize purchases on their federal income tax form, which will lower the total amount of tax they owe the government. Fuel-efficient vehicles and energy-efficient products provide many benefits such as better gas mileage - meaning lower gasoline costs, fewer emissions, lower energy bills, increased indoor comfort, and reduced air pollution. In addition to federal tax incentives, some consumers will also be eligible for utility or state rebates, as well as state tax incentives for energy-efficient homes, vehicles and equipment.

 

Solar Energy Rebates

Illinois solar energy rebates are handled through the Renewable Energy Resources. There is sufficient money to keep this Fund running until the end of 2015. The Illinois state government has set a target of 25% renewable energy by 2025 and this Fund is working to that end.

Rebates cover up to 30% of the cost of the installed system up to a total rebate amount of $10,000. The total cost of the system must be under $50,000. To have a look at the requirements for your installation and download an application form, click here.

 

Electric Vehicle Charging

As a distributor for Schneider Electric a specialist in energy management, Steiner Electric is participating in the electric vehicle (EV) market, and we are active in promoting energy efficient solutions. We have partnered with leading professionals and research organizations to deliver efficient charging solutions for electric vehicles. EVlink™ charging solutions provide a greener, more economical transportation option while helping to reduce the world’s global footprint. EVs are an important step in decreasing energy waste, reducing greenhouse gas emissions and combating the harmful effects of global warming.

 

ComEd Lighting Rebates & Incentives

Lighting is essential for all businesses. It is also a major energy expense, accounting for 30 percent to 60 percent of annual electric costs for businesses. As a technology that continues to advance, there are new energy efficiency lighting options designed to help businesses save energy and money. To encourage your business to take advantage of energy efficient lighting technologies, ComEd's Smart Ideas for Your Business® is paying incentives for ENERGY STAR® qualified LED lamps and special incentives for T5 and T8 fixtures.