Yes, you can get some money back when you make green-home improvements. We’re going to plow through all the possibilities from Uncle Sam, starting with this $1,500 tax credit.
How does this credit work? If you buy and install certain energy-saving products in your existing home, then our feds will credit up to 30% or $1,500 (max) between now and December 31, 2010. You’ll need to complete this Form 5695, when you file your taxes.
There are many upgrades that you might consider making next year. However, it’s not quite as simple as showing up somewhere and buying products that have an “Energy Star” sticker. You should investigate the fine print, too.
So we’ll ease the way, by copying and linking ALL the product details for you:
- Windows and doors - summary - sliding-french - garage - storms
- Heating and ventilation - central air - heat pumps - furnaces and boilers
- Water heaters - gas, oil, propane heaters - electric heat pump heaters
- Other improvements - bulk insulation – reflective roofs - biomass stoves
You have another 12 months to get going here, but it’s never too soon to start clicking, reading and planning ahead. Hey, ”greening up” might even be your achievable New Year’s resolution.