Tuesday, February 1, 2011

Two Fold Benefits of Going Green in Silicon Valley

"Going green" in Silicon Valley has been happening for so long that it's not quite news anymore. This is far from a bad thing; it just puts us a step ahead of the smaller towns and neighborhoods who are just starting to take eco-living seriously. Silicon Valley residents have long been at the forefront of the Green movement - the very popular GoingGreen Silicon Valley event is about to be in its 5th year, local companies are at the top of the environment-friendly lists (such as San Jose's solar manufacturer SunPower which was ranked as #10 for clean-tech employers), and according to Popular Science Magazine, San Francisco ranks as the "2rd Greenest City in America." 

Therefore, it is no surprise that Silicon Valley homeowners are very good at putting forth green initiatives when it comes to their Silicon Valley homes.

An Eco-Conscious Tax Season
Now that it's February, we all have tax season on our mind. As responsible Eco-conscious citizens, Silicon Valley homeowners can actually be rewarded for their efforts through tax incentives.

A handful of energy efficient organizations have gathered together to form The Tax Incentive Assistance Project (TIAP). Although you may have been hearing that a lot of the incentives have expired, there are still a lot of notable tax incentives for the green-minded Silicon Valley homeowner.

Here are some of the best parts about the updates to the federal tax incentives for 2010 and 2011.

Tax Incentives are now going straight to the manufacturers. That means that when you want to buy that Energy Star dishwasher for your new Mountain View home, you can get it at a great price!

You can get up to $200 for making your windows energy efficient, $50 for efficient furnace fans, and $300 for water heater and wood heating systems.

New Silicon Valley homes can get up to $2,000 if they meet the eligibility requirements. (Please note that this incentive is for the home builder, not the homeowner).

Incentives aside, if you are living eco friendly for the right reasons, then the reward is knowing that you are really making a positive impact on our Silicon Valley community. Of course everybody wants to save money, but the great thing about living in Silicon Valley is that people have the best intentions when it comes to making the world a better place.

If you are considering buying or selling a Cambrian or Willow Glen home, then I would love to help you find what you are looking for. As an experienced Silicon Valley real estate agent, I can help you in every area of your home search. Whether its providing you with valuable information, showing you around the neighborhood, or helping you find the exact home you've been looking for. I'm always here to help, and you can contact me any time.

Shannon Rose
Silicon Valley Real Estate Expert
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