It?s tax time!! And the perfect time to remind you of the opportunities for energy?efficiency home improvement?tax credits. The tax credits?available?for improvements in 2011 are in general 10% of all energy efficient installations up to the maximum $500.
There are specific limits on certain equipment:
- High efficiency furnaces and boilers?? $150
- Air-Conditioners and ?heat pumps ? $300
- Main air circulating fans ? $50
- ENERGY STAR Windows ? 10% capped at $200
- Energy efficient water heaters ? $300
A very important note to all of this is that these credits are only available who have not reach the cap of $500 over the years of 2006-2010. So for instance if you got $300 dollar credit in 2009 you can get up to $200 for 2011. And since that is the extent of my tax knowledge, the Alliance to Save Energy has a great page on how to claim your tax credits.
Energy Efficiency Tax Credits
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