Stimulus package: Homeowner perks

Thanks to several programs from Uncle Sam, you could receive thousands of dollars by investing in a number of energy-conserving home improvements.

1 of 10
BACKNEXT
The feds want to pay you to save energy
There's never been a better time to invest in energy-conserving upgrades to your house--that's the word from the White House. And Congress is backing up the message with billions of dollars being made available to homeowners who want to bring down their energy bills.

It's a multipronged initiative packed into different programs included in the American Recovery and Reinvestment Act, also known as the stimulus package, which was passed in February.

Between the expanded tax credits and a $5 billion dollar injection into the Department of Energy's Weatherization Assistance Program, homeowners stand to receive thousands of dollars if they invest in any one of a number of home-improvement projects.

But doing your homework is crucial to getting the most savings out of the investment. Here's a rundown of how you can save, as well as a few words to the wise from home-energy experts.


NEXT: Weatherization Assistance Program
Last updated May 07 2009: 12:57 PM ET
More Galleries
'My biggest retirement mistake' Five CNNMoney readers share stories about saving that you can learn from. What they would do differently if they had another chance. More
Inside a $60,000 vacation of a lifetime Private jet tours around the world are growing in popularity, with a number of companies cropping up to take travelers on luxe, bucket-list trips. Here's a look at one 17-day journey, run by TCS Expeditions, that will take 78 people to some of the most lusted-over destinations. The price: $60,000 per couple. More
Don't want a bigger iPhone? Here are 6 alternatives Apple's next-generation iPhones are set to be the largest ever. But for those of us who don't want to give up any more space in our pockets, here are a few smaller options. More

Special Offer
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.