The Energy Tax Credit

The Energy Tax Credit

For Your Home
The Energy Tax Credit is one of the best ways to save money on your taxes involving home improvements.

Here is a basic run down of how the tax credit currently works and which products are eligible.

1. Tax credits are available at up to 30% of the cost, with a cap of $1,500 in 2009 & 2010 (only for existing homes, not new construction, and must be your principle residence) for:

  • Windows and Doors
  • Insulation
  • Roofs
  • HVAC
  • Water Heaters
  • Biomass Stoves

Tax credits are available at 30% of the cost, with no upper limit, through 2016 (for existing homes & new construction – this doesn’t have to be your principle residence, for:

  • Geothermal Heat Pumps
  • Solar Panels
  • Solar Water Heater
  • Small Wind Energy Systems

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