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The Contractor Coaching Partnership Blog

New link for energy incentives to help residential contractors

Posted by Mark Paskell on Sat, Mar 07, 2009 @ 11:54 AM

The recent stimulus package includes tax credits for specific energy related improvements. This will help residential contractors win business at a crucial time. This will help window and door contractors, roofers, insulation companies, heating companies, and remodelers who are ready.

Improvements that qualify are windows, doors, insulation, heating and air conditioning, water heaters and biomas stoves. Tax credits are are available at 30% of the cost of the improvement up to $1500 for 2009 and 2010 for existing homes.

Other incentives that qualify are geothermal heat pumps, solar panels,, solar water heaters, small wind energy solutions and fuel cells. These items have 30% tax credits with no upper limit through 2016 for new and existing homes.

This type of program can be very successful at generating consistent business. In the mid 1980's, I worked for an energy improvement company where we were able to get funding for public buildings from the funds set aside from the oil companies settlements from the 70's. The government made the companies set aside millions of dollars due to the huge amount of profits they were able to make from the public. The government is coming to the aid of the consumer and contractor through this stimulis package.

Are you prepared?

Now that the details are out, it is critical that you study and research the program, develop a game plan to capitalize on the opportunity, obtain coaching for yourself and your salespeople how to sell the opportunity, market your services to your clients and market place. 

Many companies are starting to promote this in their marketing. If you wait too long you may miss the wave and your competion will beat you to the punch.

The early bird will get the worm! Will you be the early bird or will you go hungry?

Follow this link to learn about the energy incentives available to homeowners. If you have any questions or would like to know how you can use coaching to capitalize on this opportunity feel free to contact The Contractor Coaching Partnership .

http://www.energystar.gov/index.cfm?c=products.pr_tax_credits