Entries by judd

Breakthrough: Energy-saving Air Conditioner Developed

A new water-based air-conditioning system which can cool air to as low as 18 degrees Celsius without the use of energy-intensive compressors and environmentally harmful chemical refrigerants was developed by a team of researchers from National University of Singapore (NUS) This innovative technology might eventually replace the already existing air-cooling principle that is being used […]

Section 179 Deduction Limits Increased for 2018

There is news for this year in connection with Section 179. The law of H.R.1, aka, The Tax Cuts and Jobs Act, has been passed and signed recently, it establishes that the deduction limit for Section 179 has increased to $1,000,000 for the current year. At the same time, the limit on equipment purchases increased to […]

Going Solar: Hampshire College Sets an Example

A Hampshire College recently announced that it moved entirely to solar power on Campus. It is known as the first US residential college to do this kind of transformation. Recorder.com stated that the Massachusetts Arts School is now working with SolarCity Corporation which is a subsidiary of Tesla Inc. They came to terms that SolarCity […]

Does the Recent Government Shutdown Affect 2018 Tax Credits?

The US President Donald Trump claimed that it was the Republicans´responsibility to ensure that the government being active. He even tweeted that “House Democrats want a SHUTDOWN for the holidays in order to distract from the very popular, just passed, Tax Cuts. House Republicans, don’t let this happen. Pass the C.R. TODAY and keep our […]

Easy Ways to Go Green in 2018

If you planned exciting changes for this year and to become green is one of them, here you will find some interesting ways to go about it. You can choose as much as you need to help to protect the environment. Going green is related to care, not only about yourself but also about your […]

Filing for Residential Energy Tax Credits: What you Need to Know

When you are qualified to claim the non-business energy property credit or the residential energy- effective property credit, you will have to complete the IRS Form 5695. This is a simple form which is found online with all the detailed information. Non-business Energy Property Credit  The non-business energy property credit will allow you to reduce […]

Which Residential Upgrades Qualify for a Tax Credit

The Federal Government presented two lines of credits for those who had upgraded their homes to improve energy efficiency or use renewable energy: the Residential Energy Efficiency Property Credit and the Nonbusiness Energy Property Credit. They can be claimed by completing the Form 5695 with all tax returns. Residential  Renewable Energy Residential Renewable Energy Tax […]

179D and 45L Extended Retroactively for 2017 Projects

Early morning February, 9th the Bipartisan Budget Act was Passed providing a One-year retroactive active extension of §179D and §45L energy tax incentive provisions. This will allow projects placed in service in 2017 to be certified for qualifying energy tax incentives. Though the original expectation was that a 2-year extension would be passed, members of […]

Which Type of Energy Upgrade Offers the Best ROI?

When thinking about selling your house, you might also consider some home renovations. However, you need to make sure your improvements lead to increase the value of the house. It is worth to evaluate some upgrades to offer a reliable Return on Investment (ROI). It is important to have a financial plan to start any […]

2018 New Year’s Resolution: Save Energy

As 2017 draws to a close and 2018 looms large on the horizon, what New Year’s resolutions are you planning to make? Surely there are many on your list, whether it includes getting healthier, saving money, saving time—or bigger endeavors, like finally adding that room onto your house or building your dream home. Regardless of […]