Incentives for energy efficiency

By KBJR News 1

Incentives for energy efficiency

March 17, 2014 Updated Mar 17, 2014 at 12:43 PM CDT

DSIRE is the go–to source on incentives for energy efficiency, renewable energy projects

Minnesota Department of Commerce

Are you planning an energy efficiency improvement project or a new renewable energy system, or have you recently completed a project? You may be eligible for incentives to help pay for or finance those projects. Check out the Database of State Incentives for Renewables & Efficiency (DSIRE), the most comprehensive source of information on financial incentives and policies that support renewables and energy efficiency in the United States.

DSIRE includes up–to–date information on:
–Federal tax credits
–Federal grant and loan programs
–State loan programs
–State incentive programs
–State sales and property tax incentives
–Utility rebate, grant, and loan programs

DSIRE facts:
For instance, at DSIRE you can learn about the 30 percent federal Residential Renewable Energy Tax Credit (good through 2016) or the Residential Energy Efficiency Tax Credit of up to $500 for energy purchases made from 2011–2013. DSIRE has information on the new 10–year $250 million Made in Minnesota Solar Incentive Program for new solar electric and solar thermal installations.

The database provides a long list of Minnesota utilities that offer rebate programs to residential and commercial customers. Virtually every utility in the state—the large investor–owned utilities and the municipals and cooperatives—provides incentives on a range of energy–saving efforts, including energy audits, air sealing and insulation, new high efficient heating and cooling systems, and efficient lighting.

Need financing for an energy–saving project? Check out the low–interest Fix–Up Loan offered by Minnesota Housing, as well as other loan programs. You can find the DSIRE website by clicking here.

Posted to the web by Ramona Marozas