Federal and local incentives to renovate a home have been few and far between, until now!  On March 6, 2010 the House of Representatives passed the bill for the Home Star Energy Retrofit Act.  This bill offers tax credits to homeowner’s willing to invest in energy efficient upgrades in their home.  Consider upgrading insulation or replacing windows in your next renovation and receive rebates from the government.  However, be wise in your decision to jump on this opportunity as even with the rebates some energy retrofit investments may not guarantee return.  Check out the post, Energy Tax Incentives, in news for more information!

Don’t forget about existing tax credits for Energy Star appliances when considering going green in your next renovation.