Win-win
Daniel Ehrgood Muncy Here’s a great way to save money by spending it! If you invest $10,000 in solar panels or geothermal systems, you get a $3,000 income tax credit. If you replace heating systems, or doors and windows, or add insulation or even buy new energy-efficient appliances, you are eligible for up to a $1,200 tax credit. These credits directly reduce, dollar for dollar, your tax bill. Though there is an annual limit, you may use these credits year after year. So, for instance, when you need a new stove, furnace or washer and dryer, make sure it is eligible for the tax ...