Going “Green” can hurt the pocket book at first !
Going “Green” can severely affect the homeowners or business owners budget at first glance. However the advantages of energy efficient plumbing fixtures and systems can be rewarding in the long run. With the ever changing economy bringing the need for cost effective fixtures and appliances there comes an added expense for the purchase of such things at least initially. Thankfully the government has rewarded us with tax incentives in the year 2009. You can earn up to 10 % tax credits back on the total cost of green technology fixtures and appliances. This even includes doors, windows and other such building materials. Check out your federal tax laws for further info and limits. Check out our Cincinnati Plumbers website for more info.
In the world of plumbing this points to a few key fixtures such as Water Heaters and Boilers as well as radiant heating applications. Not only do these energy saving fixtures save us costly natural gas and electric bills in the long run but they also provide us with a little incentive such as tax credits and in some cases a credit from your local gas and electric company also!
If a consumer sits down and does the math regarding how much gas and electric bills will decrease they would see that the up front initial money to purchase and install an energy efficient fixture would save them money in the long run. This is easier said than done though. I know because I have tried to convey these savings to many people regarding a new replacement water heater such as an Eternal Hybrid Water Heater. The consumer just can’t get past the the pay me now or pay me later aspect of green technology that I try to make as clear as possible. It’s human nature in a way. They look at a $ 800.00 water heater install compared to a $ 2600.00 water heater install.
It’s a no brain-er right? I wouldn’t agree. The amount of money you can save by not heating water when you don’t need it with the more expensive water heater will save you an extra $ 30.00 a month on average! Yes it will take some time to make the difference up at $ 30.00 a month but after that you are home free with nothing but savings on your gas and electric bill. Don’t forget about the 2009 tax credit that you get at the end of the first year.
I have a simple example that most will understand. A Lot of people go to a wholesale or discount membership type shopping club such as Costco or Sam’s Club to name few. The reason they go there is to find a better price on buying a larger quantity of product they use quite often at a substantially lower price for the amount they receive. They buy it at a discounted price although its more than they can use in a week and they save in the long run because they know they are going to use that staple item in their everyday lives. What is the difference if you purchase a water heater that lasts you longer and saves you more money in the long run because you haven’t spent all your savings on the gas or electric to make it work. To me this is a no brain-er!
As always, Why be Wrong?…..When you can Flow-Rite!
Call Cincinnati Plumbers at (513) 383-4242 for more info on green technology