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Crocodile tears energy tax credits

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circus

12-16-2007 04:21:47




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Crocodile tears energy tax credits. Been shopping for a high efficiency water heater, furnace and frig. Been gratified seeing the Gov. help with the tax credit offers plastered all over the stores. But was stymied by the string words, up to, may qualify and could. The stores jack up the price and sure enough most of us wont save a dime. Grand words designed to deceive, manipulate and gouge. Don't be pressured by expiring credits, they are often illusions.

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Stan in Oly, WA

12-16-2007 11:09:54




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 Re: Crocodile tears energy tax credits in reply to circus, 12-16-2007 04:21:47  
Hi circus,

Several months ago the local energy company offered an attractive rebate for various energy saving applications. I had already made a down payment to an old-timer to blow in insulation in my attic. When I asked him if his company was on the list to qualify me for the rebate, he told me it wasn't because he couldn't afford the bond the city required. He told me that if I got bids from the companys on the city's list of acceptable contractors I'd see where my rebate money was going to come from. That merely supported what I had already told my wife.

While they were doing the job, the contractor's employee told me that most local insulation companies were newer, owned by younger guys, used new state-of-the-art equipment, drove better vehicles, did a larger volume of business and therefore were forced to employ basically anyone they could get.

They did the job for just a little more than it would have cost me for the materials to do it myself, did a better job than I could have, and took care of details (at no extra cost) that I wouldn't even have known to do. So this is the parallel of VaTom's advice. Quality work, like quality equipment, is much more important than any whiz-bang scheme the government is going to come up with.

All the best, Stan

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Dusty MI

12-16-2007 07:30:13




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 Re: Crocodile tears energy tax credits in reply to circus, 12-16-2007 04:21:47  
The high efficent furnaces pay for them self about the time their wore out.



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VaTom

12-16-2007 05:59:09




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 Re: Crocodile tears energy tax credits in reply to circus, 12-16-2007 04:21:47  
More to the point, make your purchase decision based on the product's merit. If it's worth more, pay more. Take a look at how long it'll take to repay your extra outlay.

The new refrigerator I bought last year will pay for itself in just under 4 years, compared to the one it replaced. My heat pump water heater paid for itself in just over one seasons' use. That was 5 years ago, still going strong.

No government help, just better products. There's a gizmo called Kill-A-Watt that'll measure/record your appliance's 120v electric consumption. I used one to measure my old, and new, refrigerator's amps. If that new one hadn't performed up to published specs, back it would have gone.

Energy credits and their expiration made a large mess of the solar industry last time around. And created a lot of unnecessary expense for homeowners who suddenly found nobody to maintain their systems when companies went belly-up. Then there are the solar builders who faced rejection from buyers worried about maintenance.

Personally, I got a windfall from salvaging some of those defunct systems, but it wasn't good policy. I'd hate to see it happen again.

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Midwest redneck

12-16-2007 05:44:38




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 Re: Crocodile tears energy tax credits in reply to circus, 12-16-2007 04:21:47  
What state are you in? I will say right now the high eff. furnaces, 96% are not worth the money. My furnace was about $2500 or so. 8 year old now. 2 service call that total about $1000. A low eff. like an 85% is about 1/2 the cost of a high eff. and a lot less electronic *rap that breaks more. I am glad I have my corn/pellet burner, it is running right now.



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J.C.in AZ.

12-16-2007 07:52:19




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 Re: Crocodile tears energy tax credits in reply to Midwest redneck, 12-16-2007 05:44:38  
I've often wondered ,how cost wise,to purchase and to operate does your Corn burner compare say to Natural Gas or Propane or even to Electric Heat Pump? Does market value of Corn affect operating costs much?



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Midwest redneck

12-16-2007 08:47:06




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 Re: Crocodile tears energy tax credits in reply to J.C.in AZ., 12-16-2007 07:52:19  
As of now with corn being $160/ton and wood pellets being $200/ton it is 1/2 the cost of propane. Propane for me $1.60/gallon. Corn/pellet burner is running right now, 12noon on Sunday and it is a warm 72F rightnow in the great room. To keep it that warm with propane costs about $16-20/day vs. $8-10/day for pellets. And the nice thing about corn and pellets is that my money doesnt go to terrorists and big greedy oil a$$holes.

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