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To Our Valued Customers, the following information is from the EnergyStar web site concerning the various tax credits available to homeowners who purchase and install new, energy saving windows in this and the past several years.
2013 Tax Credit
On December 17, 2010, President Barack Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. Under this law, homeowners may claim a tax credit for the purchase of energy-efficient windows, doors, and skylights.
To be eligible for the credit, windows, doors, and skylight must
- Meet ENERGY STAR program requirements
- Be installed in a taxpayer’s primary residence
- Be installed by December 31, 2011
Homeowners may receive a tax credit equal to 10% of the product cost (installation may NOT be included) up to
Tax Credit Amount: 10% of the cost, up to $500, but windows are capped at $200.
Must be ENERGY STAR qualified.
You do not have to replace all the windows/doors/skylights in your home to qualify. And it doesn’t need to be a replacement either – installing a new window where there wasn’t one previously (like in an addition) qualifies.
Tax Credit does NOT include installation costs.
The link to this information is: http://www.energystar.gov/index.cfm?c=windows_doors.pr_taxcredits