frog It pays to
     be green!



Joe Giglio: How to save
money by being “green”

Solar and Fuel Cell Tax Credit
Homeowners receive a tax credit for 25% of the cost (up to $5,000) of solar energy systems and 20% of the cost (up to $1,500) of fuel cells. Solar Tax Credit: Form IT-255. Energy Tax Credit: Form IT-259.
Contact: NYS Department of Taxation and Finance (800) 225-5829

Green Building Tax Credit
Businesses and personal income taxpayers receive a tax credit for meeting certain “green” standards that increase energy efficiency, improve indoor air quality and reduce environmental impacts of large commercial and residential buildings.
Contact: New York Department of Environmental Conservation (518) 402-9469

Federal Hybrid Motor Vehicle Credit
Consumer tax credit for light-duty hybrid vehicles based on their improved fuel economy and their lifetime fuel savings potential.

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Federal Alternative Fuel Motor Vehicle Credit
Tax credit to buyers of new alternative fuel vehicles placed in service after January 1, 2006. The tax credit equals 50% of the incremental cost of the vehicle plus an additional 30% for vehicles with near-zero emissions. The credit is available on the purchase of light-, medium- and heavy-duty fuel cell vehicles, hybrid, and dedicated natural gas, propane and hydrogen vehicles.

ENERGY INDEPENDENCE
Visit www.dsireusa.org and www.energystar.gov for
full descriptions and listings of available energy tax credits!


Solar Panels Go “Green” Today!

Alternative energies are the key to preserving our environment, and it is important that both government and residents work together to do their part. While I fight in Albany to ensure that government is taking the necessary steps to promote cleaner forms of energy, I would like to provide you information on a few of the many programs available to help reduce consumer costs. As always, feel free to contact my district office to find out more information on any of the available government programs.

Assemblyman
Joe Giglio

700 West State Street
Westgate Plaza
Olean, NY 14760
(716) 373-7103
giglioj@assembly.state.ny.us
Assemblyman Joe Giglio


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