Thursday, March 31, 2011

Energy Tax Credits

Homeowners may qualify for a federal tax credit for making improvements or installing appliances designed to boost the energy-efficiency of a home. Basic Requirements: You purchase and install qualifying energy-efficient in your main home in the years 2006,2007,2009, 2010, or 2011. You must purchase new energy - efficient equipment, and the equipment must be expected to remain installed for at least five years. Examples of home improvements that could qualify as tax credits:

  • Exterior doors and windows

  • Storm windows

  • Skylights

  • Metal roofs

  • Insulation

  • Central air conditioning and heating

  • Geothermal heat pumps

  • Hot water boilers

  • Advanced main air circulation fans

  • Biomass fuel stoves with thermal efficiency of 75% or more

  • Water heaters

  • Kitchen appliances

  • Washer and dryers

  • Asphalt roofs with cooling granules

  • Small wind turbines

  • Solar panels

For a complete list of qualifying improvements go to www.energystar.gov


You can receive up to 30% of the purchase price for energy efficient products. Take advantage of the rebates out there!


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