Federal/State/Municipal Incentives
Now is the time to increase your home's energy efficiency, lower your taxes and utility bills and reduce your impact on the environment. The American Recovery and Reinvestment Act entitles you to an energy tax credit of up to $1,500 on energy-efficient building materials.
Most utilities, gas and electric, offer discount incentives that reduce your initial up front cost, making a system purchase more affordable.
How to claim your tax credit
Unlike a manufacturer's rebate, you do not get money back when you purchase qualified products. Instead, you claim a credit on your federal income tax return. This credit reduces the tax you owe, dollar-for-dollar, increasing your refund or decreasing the amount you have to pay. In order to claim the tax credit, you will need:
- Manufacturer’s Certification Documents
- Itemized bills from Peoples Natural Construction, showing the amount spent on qualifying materials.
Save this information; you will need it when you or your tax professional prepares your tax return.
The American Recovery and Reinvestment Act tax credit covers 2009 and 2010 and is applied to a maximum of $5,000 in total qualified purchases over both years. You may take the full tax credit in either year, or spread the total over two years, but the maximum two-year tax credit is 30% of $5,000, or $1,500.
Related Sites
Ultra Green
Leadership in Energy and Environmental Design (LEED) for Homes.
Craftsmanship
local American Institute of Architects (AIA) chapter nominates
owner
Jen Carroll as a finalist for the
Craftsman of the Year
award.
- The AIA nominates craftsman every 2 years
- Jen was 1 of 9 finalists
- Reflects our strong relationship with architects, specifically Willard C. Dixon
Green Built
Our latest
efficient and
environmentally
concious remodels/aditions.
Also See:
Green Certification Links
