Federal Residential Tax Credit Available for Energy Efficiency Upgrades
Homeowners qualify for a Federal Tax Credit in 2016 for having upgraded certain heating, cooling, water heating, windows, doors and roofing systems in their home.
The Consolidated Appropriations Act, signed in December 2015, retroactively renewed this tax credit effective January 1, 2015, expiring again on December 31, 2016. Any qualified equipment installed in 2015 or 2016 is eligible for this credit.
As in previous years, the cumulative maximum amount of tax credit that can be claimed by a taxpayer in all years combined is $500. If a taxpayer has already claimed a tax credit of $500 for purchases made in any previous year, they are ineligible for additional tax credits for any new equipment purchases.
Energy Efficiency Improvements
This credit applies to energy efficiency improvements in the building envelope of existing homes and for the purchase of high-efficiency heating, cooling and water-heating equipment. Efficiency improvements or equipment must serve a dwelling in the United States that is owned and used by the taxpayer as a primary residence. The maximum tax credit for all improvements made in 2011 – 2016 is $500. The cap includes tax credits for any improvements made in any previous year. If a taxpayer claimed $500 or more of these tax credits in any previous year, any purchases made in 2011 – 2016 will be ineligible for a tax credit.
Building Envelope Improvements
Owners of existing homes may receive a tax credit worth 10% of the cost of upgrading the efficiency of the building’s envelope. Installation (labor) costs are not included and the credit is capped at $500 for all improvements. To be eligible for the credit, the improvement must meet the prescriptive requirements established for it under the 2009 International Energy Conservation Code (including supplements).
The following improvements are eligible for the tax credit:
- Insulation materials and systems designed to reduce a home’s heat loss or gain
- Exterior doors and windows (including skylights) — no more than $200 in total credits can be claimed for windows in years 2006 – 2016 Equipment must meet version 6.0 Energy Star program requirements.
- Pigmented metal roofs designed to reduce heat gain, and asphalt roofs with appropriate cooling granules, which are Energy Star certified.
Here are links to more details:
If you have upgraded any of these systems and meet the requirements above, be sure to apply for this tax credit.
Are You in Need of New Energy Efficient Windows or Roofing for Your Home at Affordable Pricing and Outstanding Workmanship?
Replacing your windows, entry doors or roofing will save you money in heating and cooling costs, improve the value of your home, improve the beauty of your home, and can qualify for a Federal Tax Credit.
It’s not to late in 2016 to have your windows, doors and/or roofing replaced and qualify for a 100% tax deduction. New windows, doors or roofing installation is fast and it’s the perfect time of year to have them done.
Rocky Mountain Exteriors is a premier certified window installation contractor, door provider, and roofing contractor serving all Boise, Treasure Valley, and Twin Fall areas. We offer the highest quality windows and workmanship available, at affordable pricing.
Our window features and benefits are perfect for energy efficiency upgrades, and we know the energy codes to help you receive your tax deduction.
Windows by Rocky Mountain Exteriors include a fusion-welded frame and sashes to provide superior structural strength and create a permanent barrier against air and moisture infiltration. The Intercept Spacer System helps reduce conducted heat loss through the window and is better at retaining insulating gas than conventional designs. Our triple-barrier weather stripping between the sash and jamb provides superior protection from air and water infiltration. An additional benefit is the sloped sill that helps prevent water and air infiltration, forcing water to drain to the exterior of the window.
Our exterior entry doors are the very best and the only Energy Star Certified doors available: ProVia
ProVia has been crafting the finest entry doors for more than 35 years and is committed to making doors The Professional Way. We also provide perfect door installation and replacement services.
Our roofing services offer the very best materials, best workmanship, and best warranties. 50 year unconditional warranties on our roofing products. You receive a fast, affordable, and hassle free roofing experience.
Why You’ll Love Working with us:
- Licensed, bonded and insured
- BBB member with A+ rating
- Certified Window Contractor
- Locally Boise owned and operated
- Debt free. We pay our suppliers within 30 days
- We provide the best materials, workmanship, and warranties available
- Experienced project leaders, estimators, and installers
- Committed to clean job sites & fast efficient completion
- Dedicated to your safety – every employee who enters your home will have passed a criminal background check
- Great, fast communication with you
- All work is 100% guaranteed
Receive a FREE in Home Estimate
We’ll provide you with a full assessment, highest energy efficient choices, and extremely affordable options.
Give us a call today! (208) 955-6818
Serving Boise, Meridian, Nampa, Caldwell, Eagle, Emmett, Fruitland, Middleton, Mountain Home, Jerome, Twin Falls and Burley Idaho.