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These days, more homeowners (and renters) are interested in making green home improvements, and they’re particularly interested in knowing which improvements have a low cost and a high (or fast) payback—i.e., a good Return on Investment, or ROI. A few of the most common suggestions for easy, low-cost projects that reap significant savings (in energy, water, and dollars) are:

  • Switch to LED and/or compact fluorescent (CFL) light bulbs. (Note: When buying CFLs, choose low-mercury products. And CFLs cannot be thrown in the trash; because they contain mercury, they must be recycled by a hazardous waste facility. Some stores, such as Home Depot, collect used CFLs.)
  • Switch to Energy Star appliances and electronic equipment when it’s time to replace old units.
  • Install Energy Star ceiling fans, to reduce or eliminate the need for air conditioning.
  • Switch to WaterSense plumbing fixtures (e.g., dual-flush or other high-efficiency toilets, and ultra-low-flow faucets and showerheads).
  • Insulate your hot water pipes; and add insulation to your attic (and/or walls and basement).
  • Have a home energy audit done to check for air leaks and identify other inefficiencies or areas that need improvement; a home performance contractor should then make the needed improvements. More and more companies are springing up to offer these services. (One of the first companies on the scene was Recurve, formerly called Sustainable Spaces.) You can search here for a contractor near you who has been accredited by the Building Performance Institute.

For other ideas and helpful cost/benefit assessments, check out this new book: Green Sense for the Home: Rating the Real Payoff from 50 Green Home Projects, by Eric Corey Freed and Kevin Daum (Taunton Press, April 2010). Here’s the publisher’s description of the book: “When does a green home project make financial sense? The authors of this book provide the answer to this and other questions relating to the cost (and relative value) of environmentally friendly home improvements. They walk readers through 50 green home projects and break them down according to the positive impact they have on the environment, as well as the impact they may have (both positive and negative) on the reader’s wallet. They evaluate a wide array of projects, including insulating pipes, weatherizing doors and windows, composting and recycling trash, installing a solar hot water heater, installing green countertops, upgrading appliances, building with reclaimed materials, and installing radiant heat.”

Other recent books include Green Home Improvement: 65 Projects That Will Cut Utility Bills, Protect Your Health & Help the Environment by Daniel Chiras, PhD (RS Means) and This Green House: Home Improvements for the Eco-Smart, the Thrifty, and the Do-It-Yourselfer by Joshua Piven (Abrams).

For additional information and tips, these are some online articles and websites with lists of green improvements that are good investments:

If you’d like assistance with choosing and implementing green home improvements or remodeling strategies, I am a green advisor who can provide this type of assistance through email consultations (or phone or in-person consultations). Click here for more info.

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May 6, 2010
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GreenDollarSignThe following are key online resources for information on federal, state, and local environmental tax credits, rebates, and other financial incentives. Most of the incentives that are available are for installing energy-efficient equipment or renewable energy (e.g., solar) technologies.

FEDERAL

These are good directories of federal income tax credits, grants, other incentives for energy-efficient products—for consumers, as well as businesses, builders, and manufacturers:

Click here for a clear summary of the main tax credits currently available: essentially 30% of various energy-efficiency improvements (up to $1,500) and 30% of the cost of solar energy installations. For info on federal grants (to organizations and agencies), go to Grants.gov.

STATE AND LOCAL

Check out the Database of State Incentives for Renewables and Efficiency for a compendium of options, organized by state. Also check with your municipality (city and county governments) and local utility companies. Many offer their own green rebates and incentives. And this is a great summary of energy-efficiency grants and funds provided to state and local agencies by the 2009 economic stimulus/recovery bill (ARRA).

CALIFORNIA

For those of you who are in California, there are numerous entities offering green rebates and other incentives. Take a look at these resources:

If you know of other useful directories or resources related to green financial incentives, or if you have made use of energy tax credits or other green incentives, please share your experiences or suggestions by leaving a comment below.

NEW (added 1/19/10): Also check out the directory of energy rebates and tax credits at EnergySavvy.com. Enter your zip code and the site will give you a list of applicable state, local, and federal incentives.

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November 16, 2009
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Image by Matt FarrarENERGY STAR is an energy efficiency rating program developed by the U.S. Department of Energy and the U.S. Environmental Protection Agency. Most people are familiar with ENERGY STAR labeled home appliances and light bulbs, but many people may not be aware that the label is applied to more than 60 different types of products (for residential use as well as commercial building use), including heating and cooling equipment, roofs, and many types of electronics. (Note: Heating and cooling are the largest sources of energy consumption in homes; they account for almost half of a typical home’s energy consumption and energy costs.)

Energy StarSpecific examples of products for which you can find ENERGY STAR qualified models include: air conditioners (central or room), ceiling fans, exhaust/ventilation fans, furnaces, boilers, thermostats, water heaters, refrigerators and freezers, dishwashers, clothes washers, insulation, windows, skylights, roofs, doors, light fixtures and bulbs, as well as TVs, DVD players, phones, computers, monitors, printers, copiers, etc.

To find out which brands and models of a particular product have earned the ENERGY STAR label, or to compare the levels of efficiency among different models, go to the ENERGY STAR Qualified Products website. Also, check with your utility company to see if they offer rebates for purchasing energy efficient equipment or appliances; many utilities do.

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March 28, 2009
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