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 Federal
Tax Credits for Energy Efficiency
On February 17, 2009, President Obama signed a stimulus bill (The
American Recovery and Reinvestment Act of 2009) that made some
significant changes to the energy efficiency tax credits. Tax
credits are now available for home improvements, and include the
stipulations below.
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Must be "placed in service"1 from
January 1, 2009 through December 31, 2010. |
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Must be for taxpayer's principal residence. |
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Maximum amount is $1,500 in 2009 & 2010 for most
home improvements (geothermal heat pumps, solar water heaters, solar
panels, fuel cells, and windmills are not subject to this cap). |
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For record keeping, save your receipts and the
Manufacturer Certification Statement2, OR for windows,
you can save the ENERGY STAR label from your new windows.
Improvements made in 2009 will be claimed on your 2009 taxes (filed
by April 15, 2010) — use IRS Tax Form 5695 (2009 version) — it will
be available late 2009 or early 2010. |
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If you are building a new home, you can
qualify for the tax credit for photovoltaics, solar water heaters,
small wind systems and fuel cells, but not the tax credits for
windows, doors, insulation, roofs, HVAC, or non-solar water heaters. |
Restorations Windows offered by Shiner Roofing, Siding and Windows
have been carefully engineered and constructed to offer the highest
energy efficiency rating
With the exclusive
Omega
12™ Glass System homeowners can achieve higher performance
levels than with any other type of Low-E Glass window on the market
today.
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Click here to read the full manufacturer's certification
statement. |
For information about additional home improvement product that
Shiner Roofing, Siding and Windows installs
click here. Please notice that you will be directed to the main
ShinerRoofing.com website.
1The IRS defines "placed in service" as when the property
is ready and available for use.
2A Manufacturer’s Certification is a signed statement
from the manufacturer certifying that the product or component
qualifies for the tax credit. The IRS encourages manufacturers to
provide these certifications on their website to facilitate
identification of qualified products. Taxpayers must keep a copy of
the certification statement for their records, but do not have to
submit a copy with their tax return.
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