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Tuesday, February 16, 2010
Tax credit for energy efficient home upgrades
You can claim 30 percent of what you spend on qualified improvements up to $1500 for 2009 and 2010 combined. This 30% tax credit can be taken for adding energy saving improvements to your home such as certain heating and cooling systems, water heaters, energy efficient windows, doors, insulation and certain roofs. Installation is not covered. Look for the manufacturer's certification that the product qualifies as energy efficient under the terms of the new law. An energy star designation is all you need. You would have to spend $5,000 over a two year period to claim the full $1500.
http://www.nytimes.com/2010/02/14/business/yourtaxes/14energy.html?scp=1&sq=dont%20overlook%20the%20rewards%20for%20thinking%20green&st=cse
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The tax credit for energy efficient home upgrades would be a great motivation in "living green". The thing is, if something is energy efficient, cost-effective and eco-friendly then it will surely pass the "green" meter. One great energy saving tip is to get yourself the “right window film”. Window film is a known and trusted "Green" technology. You can find out more about window film at www.Tintbuyer.com, like most window films are for reducing solar heat gain in the summer, low-e films both block summer heat and improve winter heat retention. Be informed about the unbiased facts on the types window films that are available in the market that suit your needs. Getting the “right window tint” is not only practical but also eco-friendly, it's like doing yourself a favor and the environment at the same time.
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