When you save energy, you save money on your electricity bill. But that’s not the only way you can save. The federal government offers tax credits for everything from insulation to energy-efficient cooling systems. There are also offers, rebates, and incentives that come from a variety of different sources. And there are even special loan opportunities to help you make energy-efficient improvements. Sound interesting? Check out the list below to get the details.
Add to My To Do List
A To Do List is available only to TXU Energy customers with an online MyAccount. It enables you to add a tip, tool, or project ieven if it wasn't suggested by the Personal Energy Advisor.
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Save Your Answers & Savings Recommendations
TXU Energy customers with a MyAccount can save their
answers and MyEnergy Savings Plan to their online account.
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Tell us about yourself so we can direct you to the appropriate page.
To create a To Do List, first you need to fill out the questionnaire in the Personal Energy Advisor. Then you'll receive a personalized MyEnergy Savings Plan. And once you have a plan, you can create a To Do List.
Your Personal Energy Advisor Answers and MyEnergy Savings Plan are saved.
Learn About Federal Tax Credits
Before you upgrade any part of your home for energy efficiency, see if you qualify for federal tax credits. You could save on upgrades to your insulation, windows, doors, air conditioners, furnaces, boilers, and water heaters. And you could save even more with a renewable energy system — up to 30% of the cost!
Find Out About Special Offers
Besides federal and state incentives, some ENERGY STAR® partners occasionally sponsor special offers such as sales tax exemptions, credits, or rebates for qualified products. They might also offer recycling incentives for the proper disposal of old products. Use this tool to see what’s available in your zip code.
Ask About Financing Offers
The Federal Housing Administration has a program that helps homebuyers and homeowners finance the cost of energy-saving improvements by offering government-insured mortgage or refinancing loans. It’s called the Energy Efficient Mortgage (EEM) program. Visit their site to see if you qualify.
Don't Forget the Paperwork
Remember, especially when you’re dealing with tax credits, that you need to save your receipts, the Manufacturer’s Certification Statement, and a copy of your signed IRS application form for your files. For energy-efficiency and renewable energy credits, you’ll need Form 5695 — which you can get right here.
