Tax credits put more green in your pocket

As part of the federal stimulus package passed earlier this year, home owners can get tax credits for making green renovations to their home, such as installing solar panels, environmentally-friendly doors, or geothermal heating systems.

The details are pretty simple. The U.S. Treasury Department will give you 30 percent of the cost of energy-efficient windows, doors, heating/cooling systems, water heaters, and other items. Other types of credits are available as well. For instance, if you purchase a $20,000 solar-electric system, you can get a tax credit for $6,000 of the cost.

For more info on other home renovation tax credits that are available, check out this story from The Globe.