How much is the energy tax credit for 2011?
Well, there’s been a lot of hopeful enthusiasm about energy tax credits in 2011. In fact, in September the Home Star program was promising to match a homeowner’s saved energy dollars based on previous energy consumption. Our hopes were dashed in the Senate last night as the bill sent to President Obama reduces the energy [...]
Last week, the Internal Revenue Service (IRS) issued a “Safe Harbor” provision to ease some of the confusion about the new energy tax credit for replacement windows, doors, and skylights. Under the provision, previous energy-efficiency standards were retroactively put in place for a limited time, helping out homeowners who may not have known about the new standards.
The number one question customers ask about the new tax credit is: “Which windows qualify?” It’s a big question, because the government has tightened up the standards.
