Alternative Energy Grants for Homeowners

These days, more and more homeowners are looking for ways to make their homes more energy-efficient. Government programs exist to help American homeowners reduce individual energy costs while benefiting the planet and the community. One of the ways to cut energy consumption is through the use of alternative energy resources.

Types

Grants are available for solar energy implementation and geothermal heating and cooling methods. These grants can provide you with the funds to install solar panels or capitalize on geothermal energy methods, so long as an energy-effective improvement can be demonstrated. After the installation, homeowners should also see cost-effective improvements.

Some states, such as Ohio, offer grants to those looking to install wind-power turbines, though installers can also be the recipients of grant money. Check with local officials to see if such grants are applicable to those in your area and if you qualify.

Benefits

In addition to grants, tax incentives are available to individual homeowners who turn to alternative energy sources. You can capitalize on your grant even further by buying energy-saving appliances, replacement windows and doors, water heaters or other items that will qualify for a government rebate on top of your grant.

Where to Look for Grants

The Office of Energy Efficiency and Renewable Energy is an excellent place to start when seeking out energy-related grants. The site does not list grants available directly to individuals; for this information, you should start by contacting your local government authorities. If no programs exist, they can give you information about writing to your Congressional representatives or other means of implementing programs.

Significance

The availability of government grants to promote energy sustainability speaks to the late-breaking emphasis and realized importance of conserving energy and using it wisely. As energy prices go up and awareness of energy issues increases, consumer interest in alternative energy has increased as well. In addition, personal accountability can be increased by taking advantage of homeowner grants.

Considerations

Be sure to take into account your complete financial picture before applying for any type of government grant or other alternative-energy incentive. You may consider consulting your tax adviser to see how such grants will affect your tax status, which may vary state-to-state. Government rebates may take time to be processed and sent to you, so it's important to read the fine print if you're counting on grant money to meet your budget.

References

• Solar Energy Grants - A Living Database
• The Tax Incentives Assistance Project
• Ohio Will Give Homeowners Grants for Wind, Solar Power

Resources

• State Energy Program