Green Real Estate Rebates Increase Returns on Property Investment
Real Estate Investors have many incentives to get rebates and grants from various sources for their green real estate investment projects. A properly executed Green Real Estate Project also increases the ROI on the property itself, through lower energy costs and higher resale and rental rates.
Energy Efficiency & Green Real Estate Rebates:
The Database of State Incentives for Renewables & Efficiency (DSIRE) is an ongoing project funded by the U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE). The site is administered by the National Renewable Energy Laboratory (NREL), which is operated for DOE by the Alliance for Sustainable Energy. It is the first place to look for rebates, credits and incentives for all 50 states. www.dsireusa.org
The Energy Efficiency and Conservation Block Grants (EECBG) Program was funded for the first time by the American Recovery and Reinvestment Act of 2009. It is intended to assist U.S. cities, counties, states, territories, and Indian tribes to develop, promote, implement, and manage energy efficiency and conservation projects and programs. Through formula and competitive grants, the Program empowers local communities to make strategic investments to meet the nation’s long-term goals for energy independence and leadership on climate change. www.eecbg.energy.gov
ENERGY STAR is a joint program of the U.S. Environmental Protection Agency and the U.S. Department of Energy helping us all save money and protect the environment through energy efficient products and practices. This website also offers a list of Federal Tax Credits and Rebates. For example, if you install solar panels you can receive a tax credit equal to 30% of the cost. www.energystar.gov/
The Office of Energy Efficiency and Renewable Energy (EERE) works with business, industry, universities, and others to increase the use of renewable energy and energy efficiency technologies. One way EERE encourages the growth of these technologies is by offering financial assistance opportunities for their development and demonstration. www.eere.energy.gov
The American Recovery and Reinvestment Act provides Tax Incentives and Tax Credits for individuals to invest in energy-efficient products. www.irs.gov
EPA leads the nation’s environmental science, research, education and assessment efforts. The mission of the Environmental Protection Agency is to protect human health and the environment. Numerous sources of funding for green building are available at the national, state and local levels for homeowners, industry, government organizations and nonprofits.
Grants.gov is the Federal Government’s web site for posting funding opportunities from all Federal Agencies. It is a central storehouse for information on over 1,000 grant programs and provides access to approximately $500 billion in annual awards. www.grants.gov
Local Governments for Sustainability (ICLEI) is a membership association of local governments committed to advancing climate protection and sustainable development. Find the latest funding opportunities offered by local governments. http://www.icleiusa.org/action-center/financing-staffing
- Green Investment Property (16.4)
- Chicago Green Real Estate Investment Incentives (14.1)
- Green Real Estate Investment Trusts – Green REITs (12.5)
- Flagstaff Green Real Estate Investment -Flagstaff Home Energy Audit (12.3)
- Mandatory Energy Benchmarking for Green Real Estate Investment (11.3)