Federal Tax Credit Available for Efficient Fenestration Products

As a result of the American Recovery and Reinvestment Act of 2009, often referred to as the stimulus package, homeowners can claim a federal tax credit of up to $1,500 for upgrading their primary residence with qualifying energy-efficient appliances and building components, such as exterior windows, doors, and skylights.

This enables homeowners to reduce their income tax by up to 30 percent of the purchase price of qualified products installed in 2009 and 2010. Installation costs are not included. More information about the tax credit can be found on the ENERGY STAR® Web site.

While the tax credit helps consumers save money on the purchase of energy-saving windows, doors, or skylights, upgrading to energy-efficient windows and doors can potentially save homeowners hundreds of dollars in heating and cooling costs each year. (View estimated savings on the ENERGY STAR Web site. Actual savings will vary by climate region and a home’s characteristics.)

More efficient windows and doors also substantially enhance comfort, reduce condensation, and help to protect the environment and conserve limited resources.

Please note: This article is not intended to constitute legal or tax advice. More comprehensive information will be made available by the Internal Revenue Service (IRS). Individuals should consult their own independent tax advisers.

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NFRC Update | Spring 2009