Tax Credit for New Windows
Although we don’t condone replacing windows for the sole purpose of “going green” or because they just need some TLC such as new weather-stripping or insulation, if new windows are a necessity then now is a great time to look into it as there is now an energy tax credit available that is part of the $789 billion dollar economic stimulus package.
More about the tax credit.
On February 17th, President Obama signed the $789 billion economic stimulus bill that includes tax credit incentives for homeowners who make energy-efficient home improvements. The bill extends eligibility for tax credits through 2010 on energy-efficient improvements–including qualifying windows and doors!
The bill includes the ability for homeowners to receive a tax credit of 30 percent of the cost of qualifying energy-efficient products up to a maximum of $1,500 per household for all improvements made in 2009 and 2010.
To see if you qualify check out these guidelines.