As part of the 2009 Economic Recovery Stimulus, tax credits for specific energy efficiency projects are available in 2009 -2010. These tax credits are available at 30% of the cost up to a total of $1500. To qualify, home improvement projects need to meet specific product and energy efficiency guidelines.
Windows & Doors
Roofs (Metal and Asphalt)
Water Heaters (non-solar)
Tax credits are available at 30% of the cost with no upper limit through 2016 for existing homes and new construction for:
Geothermal Heat Pumps
Solar Water Heaters
Small Wind Energy Systems
So if you’ve been thinking about renovating, 2009 may be your best opportunity. Add on your new addition, renovate that sun room---and with the right planning, get a tax credit too!