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BREAKING NEWS! President Bush has signed into law new consumer tax credits for energy efficiency home improvements, as well as purchases of plug-in hybrid vehicles. These provisions were included in H.R. 1424, the Emergency Economic Stabilization Act of 2008, which the president signed on October 3, 2008. The homeowner tax credits are largely the same - but not identical - to those that expired at the end of 2007, and begin again on January 1, 2009.
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On October 3, 2008, President Bush signed into law the "Emergency Economic Stabilization Act of 2008." This bill extended tax credits for energy efficient home improvements (windows, doors, roofs, insulation, HVAC, and non-solar water heaters). Tax credits for these residential products, which had expired at the end of 2007, will now be available for improvements made during 2009. However, improvements made during 2008 are not eligible for a tax credit.
The bill also extended tax credits for solar energy systems and fuel cells to 2016. New tax credits were established for small wind energy systems and plug-in hybrid electric vehicles. Tax credits for builders of new energy efficient homes and tax deductions for owners and designers of energy efficient commercial buildings were also extended.
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Home Sealing (Insulation and Air Sealing)
http://www.energystar.gov/index.cfm?c=home_sealing.hm_improvement_sealing
Roof Products
http://www.energystar.gov/index.cfm?c=roof_prods.pr_roof_products
Windows, Doors, & Skylights
http://www.energystar.gov/index.cfm?c=windows_doors.pr_windows
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2009 Energy Tax Credits for Metal Roofing Purchases Learn how your savings in cooling costs can save you on your federal taxes! As a result of the Emergency Economic Stabilization Act of 2008 (H.R.1424), homeowners who install an Energy Star® labeled metal roof in 2009 may be eligible for a tax credit up to $500.
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