Energy Rebates and Tax Credits in Rainsville, AL
Alabama
Tax deduction for installation of wood-burning heating system.
Cherokee Electric Cooperative
Loans up to $2,000 for Energy Right heat pumps, HVAC, furnaces, electric heaters, insulation, and air conditioners for Cherokee Electric customers.
TVA
Incentives for installation of solar panels, wind energy, hydropower, and biomass at $0.03/kWh-$0.12/kWh for TVA customers.
US Government
Rebates and incentives from utilities for efficiency are not taxable.
US Government
Federal tax credit of 30% of cost for solar panels, wind energy, solar water heaters, geothermal heat pumps and fuel cells.
US Government
Federal tax credit of 10% up to $500 of cost for energy efficiency upgrades like heat pumps, furnaces, air conditioners, insulation, water heaters, windows, doors and roofs.
US Government
Loans from FHA, VA and other lenders for energy efficiency upgrades and renewable energy upgrades like solar panels and passive solar space heaters.
US Government
Grants for energy generation, transmission and distribution facitlities in rural communities.