The Energy Tax Credit
The recently signed Economic Stimulus Package has extended and increased the tax credits available for energy-efficient home improvements. The following points summarize the provision:
- Windows must be placed in service from 1/1/2009 through 12/31/2010
- Must be for taxpayers Principal Residence
- One time credit is available for 30%, up to $1500.00 max
- Save your receipts and Manufacturers Certfication Statement OR EnergyStar Label
- Minimum Standards: U Factor <=.30 SHGC <=.30. Not all EnergyStar labeled windows qualify.
- The credit is only allowed on the price of the qualified windows themselves, not on installation costs, onsite preparation, assembly or sales tax.
Not all EnergyStar compliant products meet the new standard for this tax credit, so copies of the NFRC label will not always suffice. Be sure to consult your remodeling professional, to make sure you are ordering the right energy-efficient glass package with your Xtreme Seasons Windows.
For More Information:
Energy Star Web Link
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