Consumer Reports: Going green could save you some green with next major purchase

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Consumer Reports: Going green could save you some green with next major purchase
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Updating to more eco-friendly options could earn you some cash back.

If you have been thinking of renovating your home or buying a new car in the New Year, you might want to go green to save some green.If you have been thinking of renovating your home or buying a new car in the New Year, you might want to go green to save some green.

"I've always preferred cooking on a gas range, but I knew electric and induction ranges had gotten a lot better over the years and that they're way better for the environment," Hope said. How much you'll be able to get will depend on how much you earn, where you live and what improvements you make. The largest credits and rebates are available for heat pumps, a high-efficiency system that heats and cools your home in place of a furnace and an air conditioner - as much as $8,000.

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