2010 Energy Tax Credits

One Project Closer has a run down on the 2010 energy tax credits that were extended by the US Congress.

I’m glad to see that doors are still on the list as I intended to have them replaced at my house, but ran out of money. Another project on my list for next year is a new metal roof.

For all qualified upgrades, the credit is 30% of the covered cost up to a $1500 total credit. For instance, if you pay $3000 for insulation (excluding installation costs), your credit would be $900. The house must be your principal residence and the credits don’t apply to new construction. Other, upgrade-specific restrictions apply, so see the site for details.

  • Energy Efficient Windows and Doors, including many Storm Doors and Skylights. Cost eligible for the tax credit does not include installation costs. Certain other restrictions (like U-value and IECC qualifications apply).
  • Water Heaters. Credit includes installation costs; some restrictions for energy efficiency apply.
  • Metal and Asphalt Roofs. Credit does NOT include installation costs. The roof must be highly energy efficient (asphalt roofs must have cooling granules, for instance).
  • Insulation, whether spray foam, fiberglass, or blow-in cellulose, they’re all covered so long as they meet IECC requirements. Installation cost is NOT covered.
  • HVAC Components, including certain Advanced Air Handlers, Air Force Heat Pumps, Central A/C Units, Boilers, Propane, and Gas Furnaces. Tax credits include installation costs.
  • Biomass Stoves.

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