A New Year’s Resolution You Can Keep: Save Money in 2010 by Lowering Your Electricity Bill
So here we are on the cusp of 2010, the year of the Android OS battle with the iPhone, possible introduction of an Apple Tablet (rain or shine or Microsoft?) and a slew of other technological innovations that will have people chomping at the bit to get a piece of the gadget pie.
In all reality, 2010 technological advances will still face a more-than-adequate adversary in the still floundering American economy, so while the novelty and sparkle will draw many to the gadget frenzy, there is still a large number of us, myself included, that will be laser sighted on cutting costs in the new year.
With that in mind, I’m offering a resolution you can keep this new year: Save money in 2010, more specifically saving money by lowering your Texas electricity bill.
Lowering Your Electricity Bill from Bounce Energy:
A federal tax credit for energy efficient home improvements is an easy, measurable means of not only seeing immediate monetary benefits (30% of cost with limits in most cases), but also significant annual savings as you address your home’s energy efficiency.
In most cases, rentals do not qualify and either new home construction or an existing home (principal residence) are required criteria, depending on the tax credit.
Federal Energy Efficiency Tax Credit FAQ:
- 30% of cost up to $1500 for insulation additions, biomass stove purchase, water heater upgrades and more (expires Dec. 31, 2010)
- 30% of cost with no upper limit on geothermal heat pumps, small wind turbines and solar energy systems (expires December 31, 2016)
- 30% of the cost, up to $500 per .5 kW of power capacity for fuel cell technology (expires December 31, 2016)
For more detailed information on federal tax credits for home energy efficiency improvements, see Federal Tax Credits for Consumer Energy Efficiency from ENERGY STAR.
Make Your New Year’s Resolution a Reality with the Thrifty Saver Plan from Bounce Energy.
Start saving money on your 2010 electricity bill right away by swapping out your current electricity plan for an affordable plan from Bounce. Sign up for the Thrifty Saver Plan and get a low introductory rate on your electricity, 1-year subscription to a magazine of your choice and instant enrollment into the Bounce Energy Rewards Program, where you get rewarded for on-time payments with movie tickets, bill credits and FREE electricity!