In the News: Best Home Improvements to Make in a Recession

Ideas from Forbe’s

  • Wind Turbines
    • Cost: $5-25,000; Tax Credit: $4,000
    • Not allowed in all neighborhoods and you have to have enough room, but these can significantly help take you off the power grid entirely, and excess power can be sold back to the power company in man cities, including Austin
  • Geothermal Heating Systems
    • Cost: $3-10,000; Tax Credit: $2,000
    • Greatly reduces the strain put on your heater by drawing up the constant temperature underground
  • Windows
    • Cost: Varies; Tax Credit: $500 (up from $200)
  • New Roof
    • Cost: Varies; Tax Credit: $500 (up from $200)
  • Solar Arrays
    • Cost: $5-20,000; Tax Credit: ?
    • Can also take help to get you “off the grid” and you can sell unused power back to Austin Energy.  The Feds may not be on board yet, but Austin will give you huge rebates if you receive your power from Austin Energy.