Great Incentives to Buy GREEN or GREENOVATE!
The only incentive to buy built green - other than the fact that you will use 15-30% less energy, use less water, have better indoor air quality, reduce your impact, etc...is the energy efficient mortgage (EEM). A great website to find out all about it is www.myenergyloan.com. The founder of My Energy Loan is a friend of mine (full disclosure), his website is chock full of great green financing information.
The biggest incentives are available if you buy a conventionally built house and "greenovate." Not only can you get an EEM for 115% of loan to value (today - can't guarantee the future) to do energy efficient renovations but you can also receive state and federal tax credits (up to 35%) and rebates from local utilities. Here are some very useful links courtesy of www.DSIRE.org to find rebates and incentives in Georgia. When you are ready to buy green or greenovate, me and my network of the very best in lending, home improvement, solar, geothermal. insulation, etc.. are here to help!
Financial Incentives
Personal Tax Credit
· Clean Energy Tax Credit (Personal)
Production Incentive
· TVA - Green Power Switch Generation Partners Program
Sales Tax Exemption
· Biomass Sales and Use Tax Exemption
· Four-Day Sales Tax Exemption for Energy-Efficient Products
Utility Loan Program
· Amicalola EMC - Energy Resource Conservation (ERC) Loan
· Blue Ridge Mountain Electric Membership Corporation - Residential Heat Pump Rebate Program
· Carroll EMC - Residential Energy Efficiency Loans
· Coweta-Fayette EMC - Energy Advantage Loan Program
· Habersham EMC - Energy Efficient Loan Program
· Hart EMC - EC Home Improvement Loan Program
· North Georgia EMC - Residential Heat Pump Loan Program
· Satilla REMC - Home Improvement Loan Program
· Walton EMC - Prime PowerLoan Program
Utility Rebate Program
· Blue Ridge Mountain Electric Membership Corporation - Residential Energy Efficiency Rebate Program
· Central Georgia EMC - Residential Energy Efficiency Rebate Program
· Colquitt EMC - Residential Energy Efficiency Rebate Program
· Coweta-Fayette EMC - Geosystem Rebate Program
· Diverse Power - Energy Efficiency Rebate Programs
· Energy Power Board - Energy Efficiency Rebate Program
· Georgia Power - Energy Efficiency Home Improvement Rebates
· GreyStone Power - Photovoltaic Rebate Program
· GreyStone Power - Sun Rays Power Program
· Habersham EMC - Touchstone Energy Home Rebate Program
· Jackson EMC - Right Choice Sun Power Rebate Program
· North Georgia EMC - Energy Efficient New Homes Program
· Sawnee EMC - Residential Energy Efficiency Rebate Program
· Walton EMC - Residential Solar and Efficiency Rebate Programs
Rules, Regulations & Policies
Net Metering
· Georgia - Net Metering