Take Advantage of Energy Efficiency Tax Credits
Did you know that if you purchase qualifying energy efficient products, you may be eligible for a federal tax credit up to $1,500?
• The federal home energy efficiency tax credit ends December 31st, 2010 for improvements made to your existing principal residence (rentals do not qualify).
• The following improvements may qualify if done at any time during 2010:
o Heating and Air Conditioning
o Water Heaters
o Windows and Doors
• If any of the above are nearing the end of their expected life, you may want to consider replacing them before the end of year to take advantage of the tax credits.
• According to Energy Star, the average home can reduce its energy costs by 30% or more with a few cost effective improvements.