Did you know there are energy efficiency programs that are free, add value to your home and help you save money? It’s absolutely true, and these programs exist across the country. Imagine what a little more money in your budget could do for your savings, eliminating debt or other expenses. Let’s take a look at some of the financial incentives for energy efficiency improvement programs, and dive deeper into what Massachusetts has to offer its residents and businesses.
Financial Incentives for Energy Efficiency
According to the American Council for Energy Efficiency, there are many financial incentives available to make energy efficiency improvements to your home or business. ACEE says, “Many financial incentives are offered at the state level through state government agencies and utilities.” These financial incentives also come in a variety of forms, like tax incentives, rebates, grants or loans. Bottom line: these financial incentives keep money in your pocket so you can use it elsewhere, like eliminating debt. Depending on the financial incentive programs in your area, you may be eligible to receive free energy efficient appliances, insulation and more!
Free Home Energy Audits Lead to Big Savings
A home energy audit is usually the first step towards saving money through energy efficiency. Many people receive free energy audits based on income or other factors. During an audit, a certified energy audit contractor will come to your home and evaluate the efficiency of your home through a variety of tests. Once the energy audit is completed, the data will be analyzed to discover all the ways- big and small- to improve your home’s energy efficiency and comfort. Read one homeowner’s story of how she saved money and stayed out of debt by doing some of the work herself and by taking advantage of financial incentives of energy efficiency programs.
Massachusetts Energy Efficiency Programs
Mass Save® is a sponsored initiative between utility companies and the Massachusetts Department of Energy Resources to “provide a wide range of services, incentives, trainings, and information promoting energy efficiency that help residents and businesses manage energy use and related costs.” There is a long list of rebates and incentives on their website that will help you save money on your utility bills and the cost of making energy efficiency improvements.
Eliminate Debt with Energy Efficiency
Whether you are a homeowner, landlord, tenant or business owner, there are energy efficiency programs around the country that can help you to reduce wasted energy and money. If you aren’t sure what is available to you, check out websites like ENERGY.GOV or DSIRE. These sites offer a wide range of information that can help you get started. You can also research your local utility company to find out if they offer energy efficiency programs. Once you start saving money on utility bills, put it to good use: increase your savings or work on eliminating debt.
Start reducing your energy consumption and saving money on utility bills today through energy efficiency!
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