Elizabeth Razzi, a writer for the Washington Post Real Estate section, wrote on October 19, 2008:
“There will be some attractive federal tax credits …. you can research them at www.Energystar.gov ”
Here is a partial list from her article:
- for qualifying exterior doors, storm doors, metal roofs, insulation the tax credit will be 10% of the cost, up to a $500 credit
- Windows, skylights, storm windows will qualify for 10% of the cost, with a credit capped at $200
- Central AC and heat pumps will qualify for $300 credits
- Top efficiency furnaces or boilers that go beyond the government’s Energy Star standard will qualify for a $150 tax credit. Some super efficient tankless or electric heat pump water heaters will qualify for a $300 credit
- for solar water heaters (except those used for swimming pools) homeowners can get a tax credit covering 30% of the cost, up to $2000
Leave me a comment and let me know what you think.