Energy Efficiency Tax Credits Extended

by | Feb 15, 2013 | Blog, Energy Efficiency, Energy Efficient Products & Technologies | 0 comments

Remember the tax credits for energy efficiency that date all the way back to 2006? It turns out they did not tumble over the fiscal cliff.

The last minute AmericanTaxpayer Relief Act included reinstatement of the tax credits, which allows homeowners to save money on energy efficiency home improvements.

For those who missed them the first time around, the tax credits can be claimed on:

  • 10 percent of the cost of qualifying exterior door, windows and skylights.

  • 10 percent of the cost of insulation and materials.

  • 10 percent of the cost of metal and asphalt roofs specially designed to keep buildings cooler.

  • $300 for an electric heat pump water heater with an energy factor of at least 2.0.

  • $300 for a highly efficient electric heat pump.

  • $300 for a highly efficient central air conditioner.

    • And there’s quite a few more. (Go to EnergyStar.gov for the full list.)

    As an added bonus, Congress decided to make the credits retroactive, which means that any improvements made in 2012 and/or 2013 will qualify.

    So get on out there and upgrade! (But save your receipts.)

    EnergyStar.gov

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