US Government Tax Breaks Informative - Incentives for home upgrades - tax credit!
As Consumers you only have a few more days to take advantage of savings for making certain energy efficient improvements on your home. As part of the Energy Policy Act of 2005 the government is providing tax credits of up to $300. You save on this year's taxes if you buy new energy efficient items like water heaters or heat pumps. You can even save up to 10-percent on insulation for your home.
So if you've put off that to do list, you literally have days to cash in.
Here are a few examples of the savings:
Electric: 2.0 Energy Factor=$300 tax incentive
Gas and oil: 0.8 Energy Factor=$300 tax incentive
Improvements to Existing Homes
Windows and skylights-Must meet International Energy Conservation Code=10% up to $200 tax incentive.
go green and save some green!