How to use this presentation

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How to use this presentation

• Call your local chamber of commerce or
  Rotary/Kiwanis Club and offer to be a speaker.
  You can also show this to your employees at a
  staff meeting!
• If you like, you can replace NRECAs logo with
  your co-ops logo. Make the change on the
  master slide and it will be reflected on all of
  the slides (ViewgtMastergtSlide Master).
• Add the name of the presenter and the co-op name
  to the first and last slides.
• Contact your community action committee to find
  out what number members should call to apply for
  Weatherization Assistanceadd this information to
  Slide 23.
• Slides 25 and 26 allow you to insert your co-ops
  special rebates if none, delete these slides.
• Delete this slide and have fun!

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How to save on your energy bill while improving
the environment!
Presented by YOUR NAME Name of YOUR COOPERATIVE
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So how can I start saving?

• There are three big ways residential consumers
  can connect to energy savings through the
  stimulus

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Weatherization pays!

• Why is weatherizing (sealing air leaks, proper
  insulation) your home important?
• Heating and cooling expenses
  account for 43 percent of an
  average homes energy bill.
• The Department of Energy estimates
  the average U.S. home could save
  358 a year in
  energy costs through weatherization.

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Average Home Energy Costs
Source 2007 Buildings Energy Data Book, Table
4.2.1, 2005 energy cost data.
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Common Household Air Leaks
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RESULT?

• OK, Im soldmaking my home more efficient is a
  great idea!
• But what if I dont have the money to make
• the upgrades?

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Option 1Energy Efficiency Tax Credits
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Energy Efficiency Tax Credits

• Get a tax credit for up to 1,500 dollars on the
  cost of insulating, sealing and weather-stripping
  your home.
• The credit is for 30 percent of the cost of
  qualifying improvements made to an existing home
  in 2009/2010.
• Theres a 1,500 cap for BOTH years (can not
  receive 1,500 in 2009 and another 1,500 in
  2010).
• Use IRS Form 5695 to claim the credit and get a
  Manufacturer Certification Statement for your
  records.

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Energy Efficiency Tax Credits

• How do I find out what qualifies?
• ENERGY STAR, a joint program of the DOE
  and U.S. Environmental Protection
  Agency, sets efficiency
  guidelines for appliances, heating and
  cooling systems, and more.
• A list of items qualifying for stimulus tax
  credits is available at www.energystar.gov,
  keyword tax credits.
• NOTE Not all ENERGY STAR models qualify for a
  tax credit!

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Energy Efficiency Tax Credits

• What part of the cost is covered?
• Installation costs are NOT covered by the tax
  credit for windows, doors, insulation, roofs. 
• Installation costs ARE covered for HVAC
  (Heating, Ventilation and Air Conditioning) system
  s and biomass stoves.

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Energy Efficiency Tax Credits
Examples of what qualifies Exterior Windows,
Doors and Skylights Storm Windows and Doors

• Must have a Solar Heat Gain Coefficient (SHGC)
  and U-factor less than or equal to 0.30
• When combined with the
• window/door over which its
• installed, it must meet the
• International Energy
• Conservation Code (IECC)
• in your climate zone.

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Energy Efficiency Tax Credits
Examples of what qualifies Metal, Asphalt
Roofs Insulation
All ENERGY STAR metal and asphalt roofs qualify.
Must be expected to last 5 years or have a 2 year
warranty. Primary purpose must be to insulate.
For example, vapor retarders are covered but
insulated siding does not qualify. Also must meet
2009 IECC and be expected to last 5 years or have
a 2 year warranty.
14
Energy Efficiency Tax Credits

• Other qualifying upgrades
• Central Air Conditioning
• Air-Source Heat Pumps
• Natural gas or propane furnace
• Gas, propane, or oil hot water
  boiler oil furnace
• Advanced main air circulating fan
• Select non-solar water heaters
• Biomass stoves

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Option 2Renewable Energy Tax Credits
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Renewable Energy Tax Credits

• Get a tax credit for 30 percent of the costno
  cap!for installing renewable energy generation.
• The credit is for 30 percent of the cost of
  qualifying improvements made to both existing
  homes and new construction between Jan. 1, 2009
  and Dec. 31, 2016.
• There is no cap on the credit.
• Covers material costs and installation.
• Use IRS Form 5695 to claim the credit and get a
  Manufacturer Certification Statement for your
  records.

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Renewable Energy Tax Credits

• Examples of what qualifies
• Geothermal
• Heat Pump
• Solar Water Heaters
• Photovoltaic Systems

• All ENERGY STAR geothermal heat pumps
• qualify for the tax credit.
• All ENERGY STAR solar water heaters qualify
• for the tax credit. Must be used in the home not
  for swimming pools/hot tubs.
• Photovoltaic systems must provide electricity for
  the residence, and must meet applicable fire and
  electrical code requirement.

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Renewable Energy Tax Credits

• Other qualifying generation
• Residential Small Wind Energy Systems
• Residential Fuel Cell and
  
  Microturbine system
  (up
  to 500 per .5 kW
  of
  power capacity )

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QUESTION

• Can I get an energy efficiency tax credit AND a
  renewable energy tax credit?
• If you meet the criteria you can do that, but
  these are not
  refundable creditsthey can
  increase your refund by reducing
  the taxes
  you owe, dollar for dollar, and can be carried
  forward to reduce your taxes in following years,
  but you don't get a check for the credit amount. 
  
• Other tax questions? Talk to your tax advisor!

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Option 3Weatherization Assistance
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Weatherization Assistance

• Dont have the money to make improvements? You
  might qualify for the Weatherization Assistance
  Program.
• For households earning up to 200 percent of the
  national poverty level, the federal
  Weatherization Assistance Program provides an
  average of 6,500 in efficiency upgrades
  (previously 2,500).
• For a family of four, thats an income limit of
  44,100.
• Must apply through local Community Action
  Committee.

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Weatherization Assistance
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Members who qualify for the Weatherization
Assistance Program may contact
Weatherization Community Action for
Improvement 1380 LaFayette Parkway, LaGrange, GA
30241 [phone] Serving Carroll, Coweta,
Douglas, Heard, Meriwether Troup Counties
UPDATE FOR YOUR SERVICE AREA
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Question How can you save with the stimulus?

• Remember, there are three ways you can connect to
  energy savings through the stimulus

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But wait, theres more!
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Special Co-op programs

• Insert name of co-op also provides incentives
  for our members to make their homes efficient!
• Example A
• Example B
• For special state rebates, check the Database for
  Statewide Initiatives for Renewable Energy and
  Energy Efficiency, www.dsireusa.org.

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Questions?
YOUR NAME, Name of YOUR COOPERATIVE Your email,
Your phone number Your co-ops website address