We have heard ALL THE RAVE about how the Stimulus Bill had a ton of Energy Efficient Tax Credit stuff in it. No cap on Solar and Geothermal - 30% up to a MAX of $1500 on Energy Efficient Improvements ...
One of the best parts of that is being able to get up to $1500 back for New Windows. You know, those crummy single pane windows that you would love to rip out. But, Hold On! Have you read to see what qualifies? I went in to Home Depot the other day and not a SINGLE WINDOW QUALIFIED that they had in there.
That does not mean that the product was bad. That's not the case at all. As a matter of fact, the majority of windows that are Energy Star Rated will not qualify. The Guidelines to receive the Credit are very strict. The U-Factor AND Solar Heat Gain CoEfficient BOTH have to be = or Below .30
To get the Scoop I went to visit Bob Birner with Renewal By Andersen Windows. You may also know Bob as the Host of the Home Improvement Hotline on Sunday morning from 9a-12p. If you are wanting to change out your windows and reap the benefit of the $1500 - Make sure that you listen in so you are not an angry Tax Payer next year.
Tax Credit For NEW Windows - But Most Won't QUALIFY!
Via Stephanie Edwards-Musa, Realtor ® Spring/Woodlands, TX Real Estate (Prudential Gary Greene, Realtors ®):
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Thank you for the information. I bet they are very expensive windows.
Jeff, thank you so much for reposting this. I need some replacement windows and this is very good information to have!