The Federal Tax Credits Blog

Posts Tagged ‘electric’

Question: Does $13,000 seem resonable for an electric heat pump (complete system) installation in Washington State?

We have a heat pump system in our house, but the heat pump is now leaking and so it is time to replace. We got an “off the cuff” estimate of $8,000 and thought THAT was outrageous. Then we had a reputable company come in and give us an estimate for a system that qualifies for the new tax credit, and we got an estimate of $13,000 AFTER a 10% discount from the company and the $1,500 credit? We live in Western Washington, I am just curious if anyone else has had one installed and how much it cost. The salesman told me that roughly 1/2 of the fee is for the installation. Bare in mind… we have a complete heat pump system already installed.

Thanks!

Answer: I live in WW also and work for a commercial/industrial hvac contractor here in Tacoma. If you already have one and it is time to replace.

The newer equipment has a higher Seasonal Energy Efficiency Ratio. By law the manufacturers have to make their new equipment efficient and by doing this, we as installers have to install new copper tubing to so it will work correctly…usually older R22 systems will have smaller copper line sets.

Also there is a new refrigerant called R410A which has a different lubricating oil than the older R22 systems. This can pose a problem if the 2 oils come in contact with each other in larger quantities. This oil mixes freely with all parts inside of the equipment.

My cost of a Trane system will be approx. $3200-$4000. Double this and that is a bare minimum bid including labor. The bid may be more or less depending on how much ductwork has to be modified, electrical work to be done, if there is a new thermostat or condensate pump in the bid. Plus the labor to install, start and warranty this equipment.

Email me and I will give you a couple of good companies to go with.

Toyota to Acquire $50 Million Stake in Electric-Car Maker Tesla

May 21 (Bloomberg) — Toyota Motor Corp. will acquire a $50 million stake in California electric-car maker Tesla Motors Inc. as automakers compete to introduce less-polluting vehicles in the U.S.

Aliso Electric Solar install on Aircraft Spruce building Corona, CA

Question: Which non profit org. would want to buy my electric cart?

i bought 2 of these for tax credit:

http://www.freeelectriccar.com/?gclid=CIX07MGX5J4CFSWlagod7C74Iw

so i basicly got them free,

i got no need for them so i want sell them,
but im only allowed to resell to a non-profit, what type of organization would want to buy them from me?

Answer: No nonprofit is going to buy them; they will likely be glad to accept a donation of either one or both.

Nissan’s All-New Electric Car Undercuts Chevy’s Volt, Is It MORE Attractive Now?

**Thanks to topneuro for the tip! NEW YORK (CNNMoney. com) — Nissan announced Tuesday that its Leaf electric car will come with a sticker price of $32,780. But after a federal tax credit of $7,500, the car will only set you back about $25,280.

IRS Certification for T3 Motion Electric Vehicles Brings 10% Federal Tax Credit for Customers

COSTA MESA, CA–(Marketwire – 03/23/10) – T3 Motion, Inc. (OTC.BB: TMMM – News ) ( www.t3motion.com ), a leader in cost-effective, clean-technology electric vehicles, has announced that its T3 Series electric standup vehicle (ESV) and CT Micro Car have been certified as a Qualified Plug-In Electric Vehicle Credit under IRS Section 30. The resulting tax credit for T3 …

Creating New Jobs by Investing in High-Speed Rail

To cope with the gloomy real estate market, lawmakers and businesses call out for an increase in tax credit for first-time home buyers. Right now, the tax credit is maxed at $8,000 and is expiring this coming fall. Some business groups suggest the tax credit be increased to $15,000 for first-time home buyers.

According to the National Association of Realtors (NAR), 40% of home purchases consist of first-time home buyers, a 5% increase than the historical average. The tax credit, originally part of the economic stimulus package, was introduced last July 2008 and was later expanded in February. According to some economists, the tax benefit is crucial to stimulate home buying and to stabilize prices.

The proposal to increase the tax credit includes the following:

Bernard Bauhmol, an Economic Outlook Group economist, is confident that the Congress will approve the proposal because “it’s important that housing come back” despite the fact that raising the credit will result to reduction of taxes. Meanwhile, the Business Roundtable, a group of CEOs of big companies urges the Congress to increase the tax credit to up to $15,000 and make all home buyers eligible. Realogy CEO Richard Smith thinks that the real issues are how to stimulate the “move-up market” and how to pay for it.

At the moment, the policy on tax credit does not apply to singles who earn above $95,000 per annum and couples who earn above $170,000. There are some business leaders who want these income caps removed to increase the number of eligible individuals. At the end of the day, one thing’s for sure – if these proposals were approved, more people will definitely take advantage of the expanded tax credit.

A decade of news: Property taxes, hospital sale, steel, economy are top stories in Duneland

The Top 10 new storys of the decade in Duneland and Porter County, in no particular order.

Free Electric Car Tax Credit and Car Demo!

Hi There, and thank you for your interest in the Bandon Golf Villa. It is a truly beautiful and low cost vacation villa located along Southern Oregon’s majestic Pacific Coast. Whether you are planning to visit one of Bandon’s world renowned golf courses, tour one of the area’s top wineries or just hit the beach, Bandon Golf Villa is the place to stay for high end accommodations at affordable prices. Bandon Golf Villa was designed for groups of four to eight people. Bandon Golf Villa which is 3200 square feet resides on two secluded wooded acres. There are eight queen sized beds in the four master bedroom suites. Each bedroom has it’s own spa bath. Gather with you entire party in the huge dining and living spaces. There’s all kinds of room around the fireplace, or you can kick back and watch the giant plasma TV. For the game lovers, there’s a separate billiard room with a built-in-bar. Prepare your meals yourself in the gourmet kitchen, or hire our chef to do the cooking for you. Later on in the night, spend a little time stargazing on the patio, or keep the golf game going on our 800 square foot putting green! Private and comfortable, Bandon Golf Villa is truly the perfect spot to relax after a long day on the golf course, or the beach.

Let’s talk about a couple opportunities here: 1) Return to Bandon to play the new Old MacDonald Course set to open June 2010. Book your reservation before December 31, 2009 and receive a 30% discount off of our peak-season lodging rate. (0 per night versus 00 per night). 2) Lodging/Catered Dinner package aE” Book 3+ nights on or before December 31st, 2009 for any stay through December 31, 2010 and receive a $500 voucher to be applied toward a catered dinner from highly acclaimed Bandon Grill. I would encourage anyone that is interested in the ultimate luxury Bandon Dunes Golf vacation to visit our website at BandonGolfVilla.com or call Mike Carlson directly at 503-972-7840 We hope to see you there in either 2009 or 2010. Remember the new Old MacDonald course (#4 at the resort) is planned to open in June of 2010 aE” a ten hole early peak at the new course can be booked starting in April of 2010.

[cover] AROUND TOWN : Some of the more fundamental qualities of a happy local existence. – Monterey County Weekly

Best Place for Intelligent Conversation >> East Village Coffee Lounge 498 Washington St., Monterey 373-5601, www.eastvillagecoffeelounge.com Moving up on the inside from last year’s Best of winner, the late, lamented Ol’ Factory Café, the East Village has in common with the Sand City joint a former owner, along with a sense of the boho zeitgeist that’s badly needed in …

(Solar Golf Cart) (Golf Cart Dealers) Award Winner