National Grid has rebates available for customers who want to save energy and lower their bills. New York customers can receive rebates for programmable thermostats and installing a high-efficiency natural gas furnace or boilers, which could mean savings of up to 30 percent off energy bills.
A tax credit can provide significant savings. It reduces the amount of income tax you have to pay. Unlike a deduction, which reduces the amount of income subject to tax, a tax credit directly reduces the tax itself.
Manufacturer’s rebates are a great way to save money for the same results. When a company has too many products in stock, manufacturers offer rebates as incentives for people to buy a particular brand. We constantly check out dealerships and websites, as well as newspaper advertisements for manufacturer’s rebates to get you the best deal.