Back To Blog

Home Energy Efficiency Improvement Tax Credits

energyHome Energy Efficiency Improvement Tax Credits Consumers who purchase and install specific products, such as energy-efficient windows, insulation, doors, roofs, and heating and cooling equipment in existing homes can receive a tax credit for 30% of the cost, up to $1,500, for improvements "placed in service" starting January 1, 2009, through December 31, 2010. See EnergyStar.gov for a complete summary of energy efficiency tax credits available to consumers.

About Tax Credits A tax credit is generally more valuable than an equivalent tax deduction because a tax credit reduces tax dollar-for-dollar, while a deduction only removes a percentage of the tax that is owed. Consumers can itemize purchases on their federal income tax form, which will lower the total amount of tax they owe the government.

Add Comment

Comments are moderated. Please be patient if your comment does not appear immediately. Thank you.

Comments

  1. Matheus on

    posts:Federal Agencies Trade Motorist Data to Insurance CompaniesUS Government Spends Millions Building Roads OverseasThe Fed's Balance At The End Of 2013: $4 TrillionAnthony Wile on RT News: Arab WinterPolice Seize Smart Phone From BystanderNWO: The Enemy of Humanity HDEx-TSA agent: We steal from travelers all the timeBoston Police Tracking ProtestersHouse Intelligence Chair: Strike On Iran’s Nuclear Facilities Would Not Be An Act Of WarFormer Washington, Colorado cops eapxlin: What’s really going to change now that marijuana is legal?Krugman's "Success Story": 700,000 Strong Protest in Argentina Against Inflationist PrezNot a US person? Prove it!U.S. Courts Penetrate Domestic Asset Protection TrustsEnd War at Home, End War AbroadDocuments reveal U.S. sells arms to Bahrain’s anti-democracy government crackdown This entry was posted in Alternative News and tagged Economics, Investment, Land Of The Flea, Property by admin. Bookmark the permalink.