Energy efficient windows - Which Windows and Doors Qualify for the Federal Tax Credit for Energy Efficiency?
There are tax credits available from the Federal Government for 2009-2010 which amount to 30% of the cost, up to $1,500.00 for existing homes. That is a great incentive for those looking to replace their older windows and doors. The concept is to provide a dollar incentive to homeowners to encourage them to make a long term commitment to saving energy.
The primary things to watch for when choosing a window to qualify for the credit are that the "U" Value and the SHGC (Solar Heat Gain Coefficient) are .30 or less. Most existing Energy Star Rated windows will not meet this more stringent set of requirements. Example: The Energy Star rating for the Northwest is a "U" Value of .35 in the Pacific area and it would need to be .30 or less to qualify for the rebate.
For a window to qualify, it will most certainly need Low E 3 (cubed) glass such as Low E 366, argon gas fill and a super spacer sealing system. (Some intercept spacers may work also-check the rating sheet) Another thing to beware of is that you may not combine most rebates (there are some solar heating exceptions...)
There are other rebates available for things like biomass stoves and these rebates are not cumulative. For tax credit purposes you will need to download Form 5695 from the IRS. (the form is not yet completed (11-12-09), but will be ready before April 15th) and should appear at line 52 of your tax filing sheet. Also save your receipts that show the products qualify for the rebate program. For more detailed information on the tax credit program visit www.energystar.gov. It is a very informative website and is updated frequently to keep you up to date with any changes.
The great news is that you will be doing your part to reduce green house gases and reduce our reliance on oil and coal. Windows and doors that meet these stringent requirements will make your home more comfortable to live in, quieter, and save you money on future heating and cooling bills.
By Tom Gion
