Energy Tax Credit Information

Energy Tax Credit Information

As part of the Economic Stimulus package, homeowners are eligible for a tax credit on qualifying products used for energy-efficient home improvements made throughout 2009 to 2010.

The Act offers homeowners the ability to gain a tax credit of 30% of the cost of qualifying energy-efficient upgrades to a maximum of $1,500 per household.

The new law has some very specific restrictions, including:

1. Windows purchased must be equal to or below a U-Factor of 0.30 and a Solar Heat Gain Coefficient (SHGC) of 0.30.
2. The purchase of the qualified windows must be made during the taxable year for which the credit is being claimed.
3. The credit is only allowed on the price of the qualified windows themselves, not on installation costs, onsite preparation, or assembly or sales tax.
4. The tax credit is allowable only for qualified window units placed in service in 2009 and 2010.
5. To take advantage of the tax credit, homeowners need:
• their receipts for their windows purchased,
• a copy of our Manufacturer’s Certification Statement (available below), and  
• IRS Tax Form 5695 available here or go to http://www.irs.gov/.