What is the 2009 Tax Credit for Windows, Doors, and skylights?

August 12, 2009 by admin  
Filed under Green Building Taxes

If you have skylights and windows in your home that are drafty and old, it’s probably time to have them replaced with new and way more energy efficient ones. If you install ENERGY STAR labeled skylights and windows (made by a lot of different manufacturers), you can then qualify for the 2009 US federal tax credits which are there for you as financial support and an incentive for making this all important energy saving improvement on your home.

Because of President Obama’s stimulus bill, homeowners may now claim up to a $1,500 tax credit just for upgrading their personal home with energy efficient building components like skylights, doors and exterior windows and also appliances. This way you can lower your income tax by almost 30% of what you paid (doesn’t include installation cost) of any qualified product that you had installed in either 2009 or 2010.

This tax credit will help you save money in purchasing the skylights, doors or windows, yet the big money savings is what you will save in your lower energy bills. By upgrading to the energy efficient doors and windows you can literally save hundreds in cooling and heating costs every year. And, even better, these more efficient doors and windows will greatly enhance your comfort, lower condensation, conserve limited resources and help protect our environment.

In order for you to qualify the skylights, doors and windows must have a statement that is signed by the manufacturer which certifies that your product complies with all the proper criteria for the tax credit. Qualified skylights, doors and windows need to have (SHGC) Solar Heat Gain Coefficient and U-factor this is NFRC certified with ratings that aren’t over 0.30.

All of these criteria apply all over the United States. Having a low U-factor means that it has a good insulating value and that is very important in our cold climates. A low SHGC means the solar heat gain is low and that is very important in our hotter climates that have a high cooling demand. SHGC and U-factor ratings are found on the label of the NFRC.

Remember, always keep your manufacturer certification statements with all the records in a very safe place so you always have them if you ever need them.