AAA Contracting Service Area >> Buffalo, the Southtowns, and all of Western New York

$1500 Federal Tax Credit for Energy Efficient Home Improvements

Tax Credits are Now Available for Home Improvements

  • Improvement/installation must be 'placed in service' between January 1, 2009 and December 31, 2010
  • Must be for taxpayers principal residence
  • Maximum amount is $1500.00 in 2010 for most home improvements
  • For record-keeping, save your receipts and the Manufacturer Certification Statement, or for windows, save the Energy Star label
  • Improvements made in 2010 may be claimed on your 2010 taxes - use IRS tax form 5695

 

SUMMARY OF TAX CREDITS FOR HOMEOWNERS

*** Please consult your tax preparer for confirmation of eligibility ***

 

Product Category Tax Credit Specification Tax Credit
Exterior Windows & Skylights U factor <= 0.30
SHGC <= 0.30
30% of cost (up to $1,500)
Exterior Doors U factor <= 0.30
SHGC <= 0.30
30% of cost (up to $1,500)
Insulation Meets 2009 IECC
and Amendments
30% of cost (up to $1,500)
Natural Gas or Propane Furnace AFUE >= 95 30% of cost (up to $1,500)
Oil Furnace AFUE >= 90 30% of cost (up to $1,500)
Gas, Propane, or Oil Hot Water Boiler AFUE >= 90 30% of cost (up to $1,500)
Water Heaters Energy Factor >= 0.82
or a thermal efficiency of at least 90%
30% of cost (up to $1,500)


And More...

AAA Contracting   •   P.O. Box 762   •   Hamburg, NY  14075   •   Phone: (716) 982-5153  •  FAX (716) 980-6214