The Energy Savers Blog wrote about energy tax incentives available in 2009, which were amended to provide even more incentives for you to make your home energy efficient:
- The credits for items such as windows and doors, insulation, roofs, HVAC, and water heaters (non-solar) are now available for improvements made in 2009 and 2010 (previously they were only available for 2009).
- The credits have been raised from 10% to 30% of the cost. Those items that had a specific dollar amount have been changed to a 30% credit.
- The maximum credit over two years has been increased to $1,500 (up from $500).
- Improvements such as geothermal heat pumps, solar water heaters, solar electric systems, small wind systems, and fuel cells are not subject to the $1,500 maximum and are still available through 2016 for both existing and new homes.
- The $200 cap on tax credits for windows has been removed, but the require-ments are more stringent and not all ENERGY STAR windows qualify for a credit.
Read the entire article.