Under the Recovery and Reinvestment Act
As a part of the American Recovery and Reinvestment Act of 2009, the federal government has extended two fantastic tax credit policies:
Imagine this: lower electricity bills and more home equity for you, less coal and petroleum consumption for the nation, and less harmful greenhouse gases for the whole world - everybody wins!
Tax Credits for Energy Efficiency
You can receive a tax write-off of 30% on the cost of building materials approved by EnergyStar (for a total write-off of up to $1500!).
Tropical Wholesale particularly recommends the installation of energy efficient windows to take advantage of this tax credit because it offers more advantages than any other product type:
- Reduces the impact of the most energy-inefficient aspect of your home: your windows
- Helps to regulate home temperature, keeping you more comfortable
- Reduces electricity bills, particularly for heavily air-conditioned spaces
- Approximately 80% of the project cost is immediately reflected in increased home value
All of Tropical Wholesale's recommended windows exceed EnergyStar standards. Our windows come standard with dual panes (or "dual glazed") with an Argon gas fill and SuperSpacer insulation, plus industry-leading Low-Emittance (LoE) 366 glass. (And they are all lifetime warrantied too!) In fact, it's so easy to earn your tax credit with Tropical Wholesale that practically all of our customers are eligible.
(ENERGY STAR is a government-backed program helping businesses and individuals protect the environment through superior energy efficiency. You can visit their website at http://www.energystar.gov)
Tax Credit for Renewable Energy
The most exciting aspect of this credit is that there is no limit! You can claim an uncapped tax credit for 30% of the cost of:
- Solar-electric (photovoltaic) systems
- Solar water heaters
- Wind turbines
- And More...
Additional Reading
- Residential Energy Efficiency Tax Credit (DSIRE)
- Residential Renewable Energy Tax Credit (DSIRE)
- Why windows? Why Simonton? - Simonton's answers to all of your questions about buying tax credit-eligible Simonton windows
Contact us for expert advice on how you can improve your home, slash your electric bill, and cut your taxes all at the same time!