If you purchase an energy-efficient product or renewable energy system for your home, you may be eligible for a federal tax credit. Tax credits are available, at thirty percent of the cost, up to one thousand five hundred dollars total, only until the end of this year. Keep this in mind, before you do any type of kitchen, bathroom remodeling or room addition to your home. Many items that qualify for these rebates are: windows, doors, insulation, roof, water heater, and heating systems.

However, there are smaller projects which can save energy and pay big without costing you a bunch. Such as upgrading bathroom fixtures by converting to low flow toilets, shower heads or replacing leaky faucets. Ditching that old fridge in the garage will save about two hundred dollars or more a year before a rebate.

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