26% Tax Credit on Clean Energy Home Upgrades Saves American Households $500-$2,000

According to the report of MARKET REALIST, with worries about climate change and energy costs going up more American homeowners are looking for ways to use sustainable energy to cut down on their carbon footprint and save money. People are getting more interested in things like Solar Panels Wind Turbines and other renewable energy tools because they care about the environment and want to save money. Now there a new thing called the Residential Clean Energy Tax Credit. It gives homeowners a big discount on their taxes if they install solar panels or wind turbines. They can get back up to 26% of what they spent on installing these systems with credits ranging from $500 to $2000.

READ ALSO: Earned Income Tax Credit To Boost Your Finances

How Clean Energy Home Incentives Are Making a Difference (PHOTO: Linked in)

Solar water heaters are another option. These heaters help heat water using solar energy and can give homeowners back up to 30% of what they invested. But to get these credits homeowners need to make sure their systems meet certain standards set by the government. As more and more homeowners take advantage of these incentives and switch to cleaner energy options we can expect to see less pollution and a better future for our planet.

READ ALSO: Approved Housing Bill By The Senate Finance Committee Announced To Qualify Renters For A Tax Credit