It’s a great time to upgrade your windows and doors. By installing energy efficient windows and doors, you not only reduce your monthly energy bill, you can also reduce your tax liability.
The American Recovery and Reinvestment Tax Act (ARRA) of 2009 signed on February 17, 2009 extends tax credits for qualifying energy efficient windows and doors. Full details of the tax rebate can be found on the Energy Star website, and updates to the ARRA can be found on the IRS Department of Treasury website.
Of course, restrictions apply to the types of energy efficient windows and doors you can use to qualify for the tax credit. The energy efficient windows and doors must have a U-factor and solar heat gain coefficient (SHGC) of less than or equal to .30. If this tech jargon doesn’t make sense, check our out previous article where we explain Energy Star Window Efficiency Ratings.
Our sales team can also help you make sense of these labels. We can help you determine which energy efficient windows and doors qualify for the tax credit and determine your overall savings when you prepare taxes for 2010.