If you currently considering buying a house from a developer or real estate company, an opportunity to reduce the carbon footprint of your home. Rather than abusive or ill-advised home-mortgage terms, you can use this credit to finance the long-term benefits of renewable-energy sources. Tax credits aimed at stimulating the housing market can be used to invest in reducing your home’s energy consumption and monthly utility. Plus, it’s still a buyer’s market out there, and you shouldn’t close on a house without an evaluation of the home’s overall energy-efficiency.
Similarly, if you improve your home, you should consider using materials that are environmentally friendly and can reduce carbon production. Go to any home improvement store, and you’ll find aisles reserved for green building materials.
For flooring use the green material like: Cork floor, Bamboo flooring, Recylced Carpeting, or Linoleum Flooring. Green floors are typically made from renewable or recycled products. These non-toxic flooring materials are said to be safe for the environment and for people, and can be installed in an eco-friendly manner without harmful gas emissions.
For home buyers with a solid credit rating, a standard 2.5kW solar-powered electric system might add between $100-$115/month to your mortgage. Meanwhile, you might easily save this money or more each month by reducing your electric bill. The cost and rewards for geothermal systems can be even more wide-ranging with some estimates suggesting the added cost to your mortgage might be as low as $20-$30/month and generate savings up to $75-$100/month. Naturally. These figures do not apply to every home, otherwise conventional heating and cooling systems would be nearly dead by now, but many homes and homeowners do have this potential and fail to realize it.