When’s the last time you heard good news about your taxes? For homeowners, the 2012-13 Energy Tax Credit is just that. You can earn credit on qualifying home improvements you made last year, as well as those you complete in 2013.
How much can you save?
- Here are a few highlights of potential savings:
- Windows: 10% of the purchase price, up to $200
- Exterior Doors: 10% of the purchase price, up to $500
- Insulation: 10% of the cost, up to $500
Qualifying products must be installed in your existing primary residence (no new construction or rental units) between January 1, 2012 and December 31, 2013. Only products that meet ENERGY STAR® ratings are eligible for the tax credit. Installation costs are not included.
Visit our specials page to save even more on energy-efficient home improvements like windows and insulation.
Click here for more information about the Energy Tax Credit.
Disclaimer: This content is provided for informational purposes only and should not be considered tax advice. Please consult your tax advisor for more information on this credit.