Colorado Governor´s Energy Office announces recovery act grant funding.

The Governor´s Energy Office (GEO) announced numerous opportunities for residents and other organizations to save money and increase energy independence thanks to the American Recovery and Reinvestment Act monies. The energy office started posting grant opportunities designed to increase energy efficiency and the supply of energy from renewable resources at the beginning of February. 

"Building green in Evergreen is a concern for the local community," stated Mack and Andi Durbin, Broker/Owners of Rooftop Realty, exclusive marketing agents for Ohtama. "Our new custom homeowners want to protect the environment in which they live and with these grants and incentives from the state and Federal governments, it just makes it that much easier."

These are not the only grant monies available to Colorado mountain custom homeowners. The Database of State Incentives for Renewables & Efficiency has a large assortment of grants available for the state of Colorado and Federal grants as well.

The Residential Energy Efficient Tax Credit was extended until December 31, 2010. The tax credit applies for energy efficient improvements and the purchase of new energy efficient heating and cooling equipment.

The Residential Renewable Tax Credit was initially applied to solar-electric systems, solar water heating systems and fuel cells. However, this specific tax credit has been extended to include geo-thermal heat pumps and small wind-energy systems. Taxpayers can claim up to 30% of expenditures for these systems as long as the home is located in the United States and is used as a residence. This tax credit is in effect until December 31, 2016.

"With the cost to heat and cool our homes increasing, these tax credits make it easier for Colorado mountain property owners to save on the initial purchase of the equipment and save throughout their lifetime on their monthly utility bill," stated Don Bain, developer of Ohtama At Evergreen.