Energy efficiency projects have a wide range of costs.
Rebates and Incentives. Some energy efficiency projects may qualify for rebates and incentives from PG&E and federal tax credits.
PG&E Rebates. A wide range of products and projects are eligible, from instant savings on CFLs to appliance recycling programs. PG&E’s website provides information about qualifying products.
Federal Income Tax Credit (FITC). If you purchase certain products between January 1, 2009 and December 31, 2010 , you may be eligible for a FITC of 30% of the cost, up to $1,500 during that 2 year period.
Financing Strategies. You may be able to finance your system through your mortgage or with construction or home equity loans. Be sure you understand the loan terms and whether your interest payments are tax-deductible.
Recalibrate your electronic thermostats. Make sure that the time settings accurately reflect when you need heating and cooling. It is recommended that you set the temperature settings to 76°F for cooling and 68°F for heating. For even greater energy savings, set the cooling temperature higher and the heating temperature lower, depending on the needs of your employees and business.