Yes, Tax Credits!
Who wants to save $500?
It's the Federal Energy Bill, and you can make it work for you if you remodel your home to improve energy efficiency in 2006 or 2007. You'll save on the cost of home improvement, and you'll get a sweet payback every month in the form of lower utility bills.
The tax break covers 10% of the installed cost (except where noted) up to a $500 limit for:
The tax break will also refund 30% of the cost of an installed solar water heater or photovoltaic system, up to $2,000. Find out more from the Solar Energy Industry Association's Federal Tax Guide.
Content updated on 2/27/2007