For improvements made in 2009 and 2010, you can get an income tax credit of up to $1,500 for installing efficient new windows, insulation, doors, roofs, and heating and cooling equipment in your home.
Who gets it? Individuals who install specific energy-efficient home improvements.
What energy-efficient home improvements are eligible? The overall $1,500 cap can be reached in several ways with the purchase and installation of energy-efficient products that meet certain efficiency criteria:
- Exterior windows: Includes skylights and storm windows.
- Insulation, exterior doors, or roofs: Includes seals to limit air infiltration, such as caulk, weather stripping, and foam sealants, as well as storm doors.
- Central air conditioner, heat pump, furnace, boiler, water heater, or biomass (e.g. corn) stove
How much is the credit? The tax credit amount is now 30 percent of the cost of the measures, including installation costs for heating and cooling equipment, but only product costs for windows, insulation, and other parts of the building shell. There is a cap on the credit amount of $1,500 for fiscal years 2009 and 2010 combined.
When is it available? The home improvements tax credit applies for improvements "placed in service" from January 1, 2009, through December 31, 2010.
Get started today to get your $1,500 tax credit!
DISCLAIMER While every effort is made to ensure the accuracy of the current Federal program, GreenCOMFORT assumes no liability for incorrect or out-of-date information listed on this website. Please verify all information prior to following recommendations, performing work, etc.