Did
you open your utility bill this month with a gasp? Are your
utility bills shooting through the rooftop? Michigan imports
about three quarters of the natural gas, as well as 100% of
the coal and uranium, and 96% of the oil & petroleum products.
With high-energy needs from residential and commercial buildings
in Michigan, and few energy sources, it is no wonder we have
high energy bills. Utility increases totaled 70% over the last
3 years and again this year another 75% added to your expense.
We definitely have a motivating force to do something about
our energy bills.
One
solution to this problem is to reduce the amount of energy needed
to heat our homes, hot water, and operate electric appliances.
By replacing your old furnace and air conditioner, you can reduce
your heating and cooling expense up to 50%. Replacing other
energy hog appliances, even if they are not broken, can help
in the long run. Conservation such as good insulation, efficient
windows, and sealing leaks in our home, can also reduce cost
of energy bills.
Have
you ever considered Solar Power to reduce your energy consumption?
Yes, here in Michigan your solar investment will pay for itself.
We have the technology to grab the sunlight and make use of
it. We can light up a room, assist in heating the home and household
water, produce electricity, solar panels can even heat your
swimming pool.
For
the next two years, 2006 & 2007, the Federal Energy Policy
Act or 2005 includes tax credits for resident and businesses
for the investment in solar installation and specific energy
saving products. The Residential Solar Tax Credit will cover
30% of your investment (capped at $2000) and is eligible on
solar hot water systems and photovoltaic systems. The commercial
Solar Tax Credit is 30% on investment and is available for photovoltaic
and solar thermal systems. The Commercial credit is uncapped.
Under
the new Energy Policy residents and businesses can receive tax
incentives for specific energy efficiency upgrades to homes
and commercial buildings, go to www.energytaxincentives.org.
We have come to a time when using energy responsibly will not
only help the environment, but Michigan’s economy and
our own wallets. Take the step today; the Federal Tax Credit
will only be here for
2006 and 2007.
