Energy savings rebate programs for Alabama homeowners
With tax season upon us, Alabama homeowners are looking for ways to offset their federal and state income tax returns through energy savings rebates . Both the state of Alabama and the federal government want to encourage homeowners to invest in energy efficient home improvements that reduce energy and natural resource consumption. Homeowners have a twofold incentive for making energy efficient upgrades around the house: immediate savings through monthly bills and tax benefits at the end of the year. Alabama homeowners may be able to take advantage of 2012 home improvement income tax deductions, and they can also begin to plan for energy-related home improvements — and additional tax breaks — for 2013. 2012 home energy efficiency improvement tax benefits Federal tax credit. In 2012 and 2013 homeowners can take deductions on qualified Energy Star-approved investments in existing homes on their federal income tax returns through the Federal Tax Credit. Visit energystar....