The Federal tax credits that were 30% up to $1,500 EXPIRED on December 31, 2010. But we are happy to share that new tax credits were passed, but at lower levels. Summary of changes.
Please note, not all ENERGY STAR qualified products qualify for a tax credit. ENERGY STAR distinguishes energy efficient products which, although they may cost more to purchase than standard models, will pay you back in lower energy bills within a reasonable amount of time, without a tax credit.
What is included:
Tax Credit: 10% of cost up to $500 or a specific amount from $50 – $300
Expires: December 31, 2011
Details:Must be an existing home & your principal residence. New construction and rentals do not qualify.
More tax credit information is available on the EnergyStar web site.