Thinking about doing some remodeling in 2009? If so, I'm sure window replacement may be part of your project.
You can thank the United States government for potentially making your replacement windows cost less. The recently passed Economic Stimulus package (the American Recovery and Reinvestment Act of 2009) includes federal tax credits that encourage homeowners to make energy efficient improvements to their homes.
Niece Lumber sales staff have become very knowledgable since the passing of this bill and can assist you in purchasing windows that may be eligable for the tax credit.
So how much can you save? How about 30% of the cost of your windows and doors, maximum credit is $1500.
Here is an example. Mr. and Mrs. Smith from New Hope just replaced their old doublehung windows in all the bedrooms of their homes. They purchased Eight new Marvin Replacement Casement windows, costing $600 per window...total purchase amount is $4800. Before installation they gather the NFRC labels off the windows and file them with their sales receipt. When they meet with their tax professional in 2010 they will submit their reciept and NFRC labels and get a tax credit of $1440.
Windows must meet or be below a 0.30 U-Value and a 0.30 Solar Heat Gain Co-Efficient. Not all windows in the project have to meet the criteria.
Please stop by our showroom and talk to a window and door professional today.
Friday, May 15, 2009
New windows = money back into your pockets
Labels:
Integrity Windows,
Marvin Windows,
Niece Lumber,
tax credit
Subscribe to:
Post Comments (Atom)

No comments:
Post a Comment