New rules for energy-efficient home improvements tax credit

Wayzata, MN. Home Remodeling Contractor.

It’s not too late to get a energy-efficient home improvement tax break. For 2011 some of the rules have changed and the home energy tax credit amounts are less. If you’ve been thinking about making your home more energy efficient to reduce high energy bills, improve comfort and help to protect the environment; you can still get a tax break for energy-efficient home improvements in 2011.

“A more generous credit is still in effect for taxpayers who buy and install alternative energy equipment in their homes. Qualified equipment includes geothermal heat pumps, solar water heaters, solar panels, fuel cells and small wind-energy systems (as long as no part of these systems is used to heat a swimming pool or hot tub). That credit — worth 30% of the cost and installation of such improvements — has no maximum dollar amount, and you have until December 31, 2016, to place those items in service.”

See full article New Rules for Home Improvement Tax Credits

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 Wayzata, MN. Home Remodeling Contractor.

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