The New Energy Tax Incentive.
How Can It Benefit You?
To our Valued Customers,
On February 17, 2009, The American Recovery and Reinvestment Act of 2009 was signed. As a result, significant changes have been made to the energy efficiency tax credits.
The highlights of the new Stimulus Bill are:
- The tax credits that were previously effective for 2009 only, have been extended through 2010.
- The tax credit has been raised from 10% to 30% for qualifying products.
- The tax credits that were for specific dollar amounts, have been converted to 30% of the cost of the products.
- The maximum credit for replacing old windows with new energy efficient windows has been raised from $200 to $1500.
Please contact us regarding information on products which qualify for tax credits.