FINANCIAL INCENTIVES

Many financial incentives exist to promote residential and commercial energy efficiency and renewable energy projects. Incentives come from a variety of sources, ranging from the federal government to local utilities. In general, these financial incentives are designed to reduce greenhouse gas emissions while promoting job growth and saving consumers and businesses money.

Considering that many incentives may be combined with others, it is important to visit the Database of State Incentives for Renewables & Efficiency (DSIRE) for a comprehensive listing of available incentives. For example, it may be possible to combined federal, municipal, and utility incentives for the same energy efficiency improvements. In the state of Georgia, the Georgia Environmental Finance Authority (GEFA) is another valuable resource for state incentives. GEFA administers many energy efficiency and renewable energy incentives, including rebates and tax holidays.

Federal and state legislatures define many of the incentives discussed above. If you are interested in upcoming legislation or shaping future policy, start by reading the current events available on the Department of Energy website.