Federal Tax Credits for Consumer Energy Efficiency
If you purchase an energy-efficient product or renewable energy system for your home, you may be eligible for a federal tax credit. Below you will find an overview of the federal tax credits for energy efficiency.
Please note, not all ENERGY STAR qualified products qualify for a tax credit. ENERGY STAR distinguishes energy efficient products which, although they may cost more to purchase than standard models, will pay you back in lower energy bills within a reasonable amount of time, without a tax credit.
What is included in the Tax Credit?
Tax Credit: 30% of material cost up to $500
Expires: December 31, 2011
Details: Must be an existing home & your principal residence. New construction and rentals do not qualify.
One of the catergories included in this tax credit is the insulation. Adding adequate insulation is one of the most cost-effective home improvements that you can do.
For more information and to apply for the Tax Credits for Consumer Energy Efficienct please visit http://www.energystar.gov/index.cfm?c=tax_credits.tx_index
