North Central Public Power District is pleased to offer residential and commercial customers an Energy Efficiency Incentive Program when they install high-efficiency, ENERGY STAR® qualified equipment. The following chart indicates the qualifying criteria and the available incentives.
Energy Efficiency Incentive Program |
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|---|---|---|---|---|---|
Cooling & Heating System |
*Window |
*Air Source Heat Pump 14 SEER 8.2 HSPF |
*Air Source Heat Pump 15 SEER 8.2 HSPF |
*Air Source Heat Pump 16+ SEER 8.2 HSPF |
Ground Source |
$30 |
$40 |
$400 |
$500 |
$600 |
$1,000 |
*Heating and cooling equipment must be ENERGY STAR® rated to qualify for incentive. |
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Recent legislation in Washington, D.C., has given homeowners a chance to save even more by improving the energy efficiency of their house. Along with the cost-cutting experienced through reduced energy use of items such as energy-efficient replacement windows, a federal tax credit is available for qualifying home improvements. Installation costs are NOT covered by the tax credit for doors, insulation, roofs, and windows.
Tax credits are available at 30% of the cost, up to $1,500, in 2009 & 2010 (for existing homes only) for:
Tax credits are available at 30% of the cost, with no upper limit through 2016 (for existing homes & new construction) for:
Not all ENERGY STAR qualified homes and products qualify for a tax credit. These tax credits are available for a number of products at the highest efficiency levels, which typically cost much more than standard products. If, for whatever reason, you decide not to purchase a product covered by the tax credit, you may still consider purchasing an ENERGY STAR product. ENERGY STAR distinguishes energy efficient products which, although they may cost more to purchase than standard models, will pay you back in lower energy bills within a reasonable amount of time, without a tax credit.
Nebraska Dollar and Energy Saving Loans are offered statewide by the Nebraska Energy Office and the state's lending institutions. The interest rate is 5%* or less. (*annual percentage rate)
Many common home, building or system energy improvements qualify for financing. These projects are generally cost-effective and can be financed with a low-interest loan for up to ten years, or for five years for appliances.
The Nebraska Energy Office administers this program. For more details go to Nebraska Energy Office or please contact:
| Nebraska Energy Office Phone: (402) 471-2867 Fax: (402) 471-3064 Email: John.Osterman@nebraska.gov www.neo.ne.gov |
Public Information - IRS Internal Revenue Service 1111 Constitution Ave NW Washington DC 20224 Phone: 800-829-1040 www.irs.gov |