The American Recovery and Reinvestment Act of 2009, signed by President Obama on February 17, 2009 has revised the Energy Efficient tax credit in some positive ways.  These new additions/changes have created an amazing Win, Win, and Win again situation for homeowners to reap great tax benefits by upgrading to energy efficient windows AND cut down on energy costs at the same time.

However, before you go out and purchase the first Energy Star efficient windows that you come across make sure they qualify for the energy efficient tax credit as the standard have increased significantly.

Below is a break down of the new Energy Efficient Tax Credit:

• Energy Efficient tax credit has been extended to include both 2009 and 2010.
• The maximum tax credit is 30% of costs, not to exceed $1500.
• Windows must meet the following minimum standards (warning not all energy star rated windows qualify)

So how do you know what type of windows qualify?  Be sure to check the windows' National Fenestration Rating Council (NFRC) label and make sure that the windows meet this minimum requirement of having both the U- Factor and Solar Heat Gain Coefficient (SHGC) are less than 0.30.

The picture below was obtained from BFRich GreenShield Window Systems website: http://www.bfrich.com/tax%20credit.html- The BFRICH GreenShield Window Systems are energy star rated and qualify for tax credits in all 50 states.

 For information about the Knoxville, TN real estate visit www.HomesForSaleKnoxville.com

Interested in learning more "Green Tips" and "Green Inforamtion"?  Check out our other Eco-minded Blogs:

Composting 101: What is Composting and Why Should Everyone Do it?

How to Exorcize the Vampire and Monsters in your Life- the "dangers" of phantom energy sources

I Am Proud to Say That Our Future Looks Greener, Thanks To Our Little Earth Stewards!

Color me Green- The In's and Out's of Low VOCs Paints

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www.HomesForSaleKnoxville.com

Visit Christine McInerney and Jennifer Halinkowski with Southland GMAC Real Estate on-line at:
www.HomesForSaleKnoxville.com and www.KnoxvilleReal-Estate.com
Office: (865) 237-5289
Christine (865) 237-5289 and Jennifer (865) 621-3658
Mail to: McIn-Kowski@HomesForSaleKnoxville.com

Instantly Search For All Knoxville, TN Homes For Sale!!

 

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 Christine McInerney and Jennifer Halinkowski - Knoxville TN Real Estate - Keller Williams Realty Knoxville Copyright © 2009

Instantly search for all Homes For Sale in Knoxville , Farragut, Powell TN, Alcoa TN, Lenoir City, Maryville, Oak Ridge, Corryton, Louisville, Blaine, Seymour, Strawberry Plains     

Please visit us at www.HomesForSaleKnoxville.com and www.KnoxvilleReal-Estate for additional information about the Knoxville TN area, Knoxville Relocation, and Selling and Buying Knoxville Real Estate.

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