It is certainly a great feeling to get some money back in your pocket along with a new roof.
Rec energy incentives for new steel roof.
The american recovery and reinvestment act of 2009 offers energy efficient tax credits for 30 percent of the total cost of new energy efficient products up to a maximum level of 1 500.
Metal roofs with pigmented coatings and asphalt roofs with cooling granules will qualify for this.
Department of energy to help low income families reduce energy costs by increasing the energy efficiency of their homes.
If your roof meets energy star standards your roof will reflect more of the sun and reduce surface temperatures by up to 100 f.
Depending on the type of roof you may be eligible for energy tax credits or consumer roof rebate.
Yes the residential energy efficient property credit allows for a credit equal to the applicable percent of the cost of qualified property.
Are there incentives for making your home energy efficient by installing alternative energy equipment.
As noted by the internal revenue service irs there are a number of incentives offered by the federal government in exchange for making your home energy efficient.
The second part of the credit isn t a percentage of the cost but it does include the installation costs of some high efficiency heating and air conditioning systems water.
Here are key takeaways about this program.
You ll need to fulfill some requirements in order to qualify for this energy efficiency tax credit but it can help offset the cost of the roof.
This tax credit amounts to 10 of the total cost.
30 percent of 3 500.
There is a total combined credit limit of 500 for all purchases improvements for all.
This tax credit amounts to 10 of the total cost.
For example approved energy efficient materials costing 3 500 will be eligible for a 1 050 tax credit.
The residential energy efficient property credit.
You can claim back 10 of the cost up to a maximum of 500.
This tax credit is for energy star certified metal and asphalt roofs with pigmented coatings or cooling granules designed to reduce heat gain.
Learn more and find products.
Homeowners may qualify for a federal tax credit for installing certainteed energy star qualified roofing products.
While traditional roofing materials don t usually qualify solar roofing tiles and shingles do.
Roofs can play a huge role in energy efficiency so the program could cover some new roofing costs.
If you are replacing or adding on to your existing roof you may qualify for an energy efficient home improvement tax credit through energy star.
For example energy efficient exterior windows and doors certain roofs and added insulation all qualify but costs associated with the installation weren t included.
