Listed below are some of the guidelines for the Energy Tax Credit. Premium Siding & Windows, LLC will supply certification forms for all qualifying products we install for you. The certification forms are documents from the products manufacturer that the products we installed for you do indeed qualify for the Energy Tax Credit. Not all Energy Star rated products qualify. Be sure the products that you are purchasing do indeed qualify for the Energy Tax Credit.
Tax credit applies to qualified energy efficient home improvements*
- Must be a taxpayer's primary residence in the United States
- Must be used for remodeling or replacement (new construction does not qualify for the new tax credit)
- Product must be purchased and placed in service during 2009 or 2010
Tax Credit is 30% of the product cost up to a maximum of $1,500*
- $1,500 is a combined total for 2009 and 2010 energy efficiency improvements including other eligible items listed in the IRS Notice.
- Installation and other labor costs do not qualify for tax credit.
As of June 1, 2009, eligible windows and doors must have both:*
- a U-Factor equal to or less than 0.30 and;
- a Solar Heat Gain Coefficient (SHGC) equal to or less than 0.30
Homeowner needs proof of purchase and product performance*
- Proof of purchase: Sales receipt (Federal law requires itemized receipts) for product(s) only.
- Product performance: Product labels or manufacturer’s certification statement