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There's
Still Time for Energy Tax Credits
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September 2011
If you need new windows, roofing or air conditioning, try to buy them before the end of 2011. That’s when the federal government’s tax credits for energy-efficient home improvements will expire.
Bigger, better tax credits for insulation, roofs, doors, windows, heating/air conditioning and water heaters—up to $1,500—expired at the end of 2010. But the government extended smaller tax credits through this year.
They include a credit for 10 percent of the cost, up to $500, for biomass stoves; heating, ventilating and a/c; insulation; metal and asphalt roofs; non-solar water heaters; and windows and doors.
Through 2016, you can take a credit of 30 percent of the cost with no limit for geothermal heat pumps; small, residential wind turbines; and solar energy systems.
You’ll need to have the product installed by Dec. 31 to take the credit on your 2011 taxes.
For more details, visit www.energystar.gov
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