The time has come when homeowners across the country are eager to get started on their spring home improvement projects. Whether they are indoor projects or outdoor projects, you can count on a busy season for home improvement companies nationwide. But we wanted to remind you before you tackle your next project, that energy efficient home improvement projects are eligible to receive energy tax credits! That means a savings for you now and also, long-term savings that comes from having a more energy efficient home. With the many different projects out there, energy efficient replacement windows are known to be eligible for energy tax credits.
Even better is that Congress has decided to make energy tax credits retroactive. So if you went all out in 2012 making energy efficient improvements to your home, you may still be able to receive a tax credit on this year?s returns!
Energy tax credits have many people and corporations excited. From an article posted to the Beacon Journal, ?Obviously we think It's a really great move to help consumers afford [improvements] and encourage them to think about making these energy-efficiency investments in their homes,? said Ronnie Kweller, a spokesperson for the Alliance to Save Energy, a Washington energy-efficiency lobby.
Keep in mind, that as with any tax credit, there are eligibility regulations. We have created a document for you to help determine whether or not your recent or future home improvement projects are eligible to receive this year?s energy tax credits. Click here to view the 2012 ? 2013 Tax Credit Information page.