Energy efficient windows and doors earn back 10 percent (up to $500) with soon-to-expire federal tax creditBy John Kirchner
The first chills of autumn are in the air in much of the country, and it won’t be long before we long for the warm days of summer. While it might be too late to improve your tan, it’s not too late to improve your home’s energy efficiency. In fact, consumers have until Dec. 31 to take advantage of federal tax credit for energy efficiency that returns 10 percent of cost up to $500.
Over at Marvin.com, we’ve created a simple guide featuring our qualifying ENERGY STAR windows and doors. This is a great opportunity to save on that remodeling project you’ve been considering or to replace those old leaky windows that drive up your heating bill.
The rules for the tax credit are simple:
- You do not have to replace all the windows/doors/skylights in your home to qualify.
- It doesn’t need to be a replacement, either. The tax credit would include the installation of a new window where there wasn’t one previously, as would be the case with an addition.
- The tax credit does not include cost of installation.
- No vacation homes or rentals — it must be your principal residence.
Here’s the most important detail: All qualifying windows and doors must by installed by Dec. 31, not just purchased.
If you’ve been dreaming of adding that den with all new Clad Ultimate Casement Picture windows or replacing your old front door with a stylish new Wood Outswing and Ultimate French Door, you still have time to take advantage of this federal tax credit. But autumn gets busy and before you know it, the holidays are here.
Don’t let this great tax credit pass you by.