Financial Incentives for Energy Improvements

MOSAIC Community Lifestyle Realty understands that navigating through the various incentives for energy improvements can be cumbersome.

We have created this page to provide you with a summary of the current information about energy improvements and to point you in the right direction to get more information.*

 

 

 

 

Tax and Utility Incentives for Energy Improvements:

  1. Federal Tax Credit for Energy Efficiency Improvements (up to $1500)
  2. Utility Company rebates for Energy Efficiency Improvements (varies depending on utility company and improvement type)
  3. Federal Tax Credit for Renewable Energy Production (30% of cost, cap varies)
  4. State Tax Credit for Renewable Energy Production (35% of cost, cap varies)
  5. Energy Efficiency Utility Rate Discount (varies by utility company)
  6. NC Green Power Fund for Renewable Energy (Purchases renewable energy power from individuals at above market rates)

 

Loans for Energy Improvements:

  1. Utility Company Loan Programs (varies by utility company)
  2. Energy Efficient Mortgages and Energy Improvement Mortgages (financing the cost of the energy improvements as part of your mortgage)
  3. Coming soon for Asheville Residents… Asheville Energy Independence Initiative

 

* Please note: The information on MOSAIC Community Lifestyle Realty’s web site provides an overview of incentives and other policies.  The content on this website is for general information only, and is not intended to be the sole source of information for making purchasing decisions, investment decisions, tax decisions or other binding agreements.  For the most current and thorough information, click on the right sidebar for more detail and links to other official websites.  Always consult a CPA or other tax professional for the most accurate tax information.