Thursday, June 10, 2010

Rainwater Collection Qualifies for New Tax Credit

Georgia continues to foster a new culture of water conservation with the recent passage of HB 1069. The previous water stewardship bill created many headlines but the new law could be more important to homeowners who want to conserve water and reduce their impact on the environment. Not to mention receive up to $2,500 in a tax rebate.The new legislation provides a tax rebate of up to $2,500 or 25% of the project cost( whichever is less) to install a rainwater collection system
Rainwater collection or rainwater harvesting is a proven method to conserve substantial amounts of water that can be used both inside and outside of the home. The new legislation, which addresses a number of areas where homeowners could save energy and other natural resources, specifically encourages the use of rainwater collection systems. "Qualified equipment' means energy efficient equipment or water efficient equipment.  'Water efficient equipment' means all machinery and equipment certified pursuant  to rules and regulations promulgated for purposes of this Code section by the commissioner of natural resources as effective in reducing business or domestic water  usage. Such certifications shall include, by way of example and not limitation, water conservation systems capable of storing rain water or gray water for future use and  reusing the collected water for the same residential or commercial property and other  products used for the conservation or efficient use of water which have been designated  by the United States Environmental Protection Agency as meeting or exceeding such  agency's water saving efficiency requirements or which have been designated as meeting or exceeding such requirements under such agency's Water Sense program.

The tax rebates will be authorized by the Georgia Department for Natural Resources- more details to follow. For information about rainwater collection please call Ecovie Environmental at (404) 824-9266. They are one of the leading companies providing rainwater collection systems for Atlanta homeowners. Ecovie Environmental uses the best products available on the market and can provide you with a customized computer model analysis of your water saving potential.

No comments:

Post a Comment