Brandon Nelson
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Should You Wait for 2010?
Money’s tight in ‘09 for a LOT of people and businesses. Maybe MOST people. Definitely MOST businesses. But that coin has a flip-side in that it is a bonfide “buyer’s market” in most sectors of the economy.
“Prices are down…
Incentives are high…
Drop what you’re doing…
And Buy! Buy! Buy!!!”
Sorry, I couldn’t help myself there. Seriously, though, there is a list of home upgrades for which, if you can scrape together the money THIS YEAR AND NEXT, ‘09 -’10, you can get some serious kickbacks! The reason is because there are a number of different incentives and rebates available for such things as:
- Windows and Doors
- Lighting
- Appliances
- Heating systems of many different types
- Roofs (weird but true, click here!)
- Insulation
- Water Heaters
And a list of other, less-traditional components like solar panels and windmills, solar water heaters, geothermal heating systems, etc.
I’m working with some clients right now who are looking at $900 in federal tax credits and another $1000 in rebates from Puget Sound Energy because of a window upgrade — about 25% of the total job cost, all told.
It’s worth a few minutes of research. Here are some links to related major websites with more information:
Be sure to check the manufacturer of ANY item you’re considering replacing or upgrading, as they may have additional rebates available. And DO YOUR HOMEWORK! Ask a ton of questions before just buying any given vinyl window or a truck-load of insulation. There are specific criteria that must be met in order to qualify for certain credits and rebates. My client’s windows, for example: They chose to spend 10% more on a qualifying window, in order to save 30% on the total invoice. That pencils all day long!!!
So give us the scoop: Are you going to make some upgrades and take advantage of these incentives? Share your story…
