2010 Extended Energy Tax Credits – Through 12/31/2010
For all qualified upgrades, the credit is 30% of the covered cost up to a $1500 total credit. For instance, if you pay $3000 for insulation (excluding installation costs), your credit would be $900. The house must be your principal residence and the credits don’t apply to new construction. Other, upgrade-specific restrictions apply, so see the site for details.
Energy Efficient Windows and Doors, including many Storm Doors and Skylights. Cost eligible for the tax credit does not include installation costs. Certain other restrictions (like U-value and IECC qualifications apply).
Water Heaters. Credit includes installation costs; some restrictions for energy efficiency apply.
Metal and Asphalt Roofs. Credit does NOT include installation costs. The roof must be highly energy efficient (asphalt roofs must have cooling granules, for instance).
Insulation, whether spray foam, fiberglass, or blow-in cellulose, they’re all covered so long as they meet IECC requirements. Installation cost is NOT covered.
HVAC Components, including certain Advanced Air Handlers, Air Force Heat Pumps, Central A/C Units, Boilers, Propane, and Gas Furnaces. Tax credits include installation costs.
Biomass Stoves.
Wednesday, February 3, 2010
Monday, February 1, 2010
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