Tuesday, September 29, 2009

Chamber Launches Green Roots

Green Roots Levels

We're excited to to see that the Las Vegas Chamber of Commerce has a new initiative to support greening businesses.

Here's the information from their website:
Date: Thursday, October 1, 2009
Time: 4:00 – 6:00 p.m.
Location: EMBARQ® Business and Conference Center
at the Las Vegas Chamber of Commerce

Take advantage of a brand new benefit at the Las Vegas Chamber of Commerce! The Chamber Green Roots program is a one stop resource for increasing the sustainability of your business. All of the information, tools and resources you need to begin and continue making green efforts at your company will be provided. Walk through the member tables at this mini green expo and get first hand, face-to-face, practical advice on how you can achieve a green business designation, increased exposure and recognition in the Chamber's online membership directory through participation in Green Roots.

Email Lauren Boitel, lboitel@lvchamber.com
or call 702.586.3893 for more information

Saturday, September 19, 2009

Live Green with ARRA Tax Breaks

Live greener and enhance your cash flow.
The recent passage of The American Recovery and Reinvestment Act of 2009 (ARRA) opens the door to tax savings for energy efficient home improvements, commercial renewable energy development, and many other green choices.

For homeowners, the new law increases the credit rate to 30 percent of the cost of all qualifying improvements and raises the maximum credit limit to $1,500 for improvements placed in service in 2009 and 2010. Examples of improvements include insulation; heating or cooling systems; roofs (metal and asphalt); and energy efficient exterior windows, doors or skylights.

Qualifying standards for energy efficiency are increasing, so stay tuned. In the meantime, homeowners may continue to rely on Energy Star labels for exterior openings in determining whether product purchased before June 1, 2009 qualifies for the credit.

Renewable energy improvements also are funded with the residential energy efficiency property credit as the previously imposed maximum amounts are removed. This allows for a credit equal to 30 percent of the cost of qualified improvement. Residential installations of solar water heaters, geothermal heat pumps and small wind turbines all qualify.

Businesses and new developments can benefit substantially with tax credits and grants for renewable energy investments. ARRA also supports greener transportation options with income exclusions for employer-provided benefits for transit and parking, and tax credits for purchase of or conversion to plug-in electric vehicles.

Click on the links above for details on the IRS website.

Monday, September 7, 2009

Getting Cash Back for Greening Your Home

There are several ways to make energy efficient improvements to your home, while improving your bank balance.  A few quick links follow:

Federal tax credits
NV Energy cash rebates
NV Energy RenewableGenerations
Southern Nevada Water Authority (SNWA) rebates
Energy Efficient Mortgages (EEM)

EEMs are offered by federally insured mortgage programs (Federal Housing Authority and Veterans Administration) and the conventional secondary mortgage market (Fannie Mae and Freddie Mac).

More local information is available through Nevada Energy Star Partners.