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Aaron Wolgamott

Financial Advisor

 

Central Willamette Wealth Management Services

Located at Central Willamette Credit Union

645 Waverly Drive SE, Albany, OR 97322

 

Phone:  541-918-7553

 

Email: aaron.wolgamott@lpl.com

July/August 2024

Saving on Energy Costs

Saving on Energy Costs

If energy costs take a significant bite out of your monthly budget, there are steps you can take to lower them. Here are some ideas.


Lower or raise your thermostat.
Adjusting your house temperature by just a few degrees can make a difference.


Install a programmable thermostat.
Smart thermostats allow you to program and control heating and cooling settings using an app or a voice-controlled device.


Insulate.
Apply caulking and weather stripping to windows and doors, and add insulation to your home.


Get a home energy audit.
A professional auditor will assess your home’s energy efficiency and identify areas for improvement.


Energy Efficient Home Improvement Credit.
By replacing old furnaces, air conditioners, and water heaters with energy-efficient equipment, you may be eligible for a credit of up to 30% ($1,200 maximum) of the cost of new qualifying items. The credit is taken on your income tax return.


Residential Clean Energy Property Credit.
A credit of 30% of the cost of equipment is available until 2032 for the installation of solar panels, solar water heaters, geothermal heat pumps, wind turbines, fuel cells, and battery storage technology. More information about these credits is available at www.irs.gov/credits-deductions/homeenergy-tax-credits.

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Aaron Wolgamott is a financial advisor with, and securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Central Willamette Credit Union and Central Willamette Wealth Management Services are not registered as a broker/dealer or investment advisor. Registered representatives of LPL offer products and services using Central Willamette Wealth Management Services, and may also be employees of Central Willamette Credit Union. These products and services are being offered through LPL or its affiliates, which are separate entities from and not affiliates of, Central Willamette Credit Union or Central Willamette Wealth Management Services. Securities and insurance offered through LPL or its affiliates are:

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