WARNING: Read This Before you Upgrade Your Windows in Attempts to Cash-In on the new Energy Tax Credits.

By
Real Estate Agent with The McInerney Team with Realty Executives Associates 313389

The American Recovery and Reinvestment Act of 2009, signed by President Obama on February 17, 2009 has revised the Energy Efficient tax credit in some positive ways.  These new additions/changes have created an amazing Win, Win, and Win again situation for homeowners to reap great tax benefits by upgrading to energy efficient windows AND cut down on energy costs at the same time.

However, before you go out and purchase the first Energy Star efficient windows that you come across make sure they qualify for the energy efficient tax credit as the standard have increased significantly.

Below is a break down of the new Energy Efficient Tax Credit:

  • Energy Efficient tax credit has been extended to include both 2009 and 2010.
  • The maximum tax credit is 30% of costs, not to exceed $1500.
  • Windows must meet the following minimum standards (warning not all energy star rated windows qualify)

So how do you know what type of windows qualify?  Be sure to check the windows' National Fenestration Rating Council (NFRC) label and make sure that the windows meet this minimum requirement of having both the U- Factor and Solar Heat Gain Coefficient (SHGC) are less than 0.30.

The picture below was obtained from BFRich GreenShield Window Systems website: http://www.bfrich.com/tax%20credit.html- The BFRICH GreenShield Window Systems are energy star rated and qualify for tax credits in all 50 states.

                                            energy efficient tax credit of 2009

 

 For information about the Knoxville, TN real estate visit www.HomesForSaleKnoxville.com

 

                                                          Knoxville TN Eco Broker

 

Interested in learning more "Green Tips" and "Green Inforamtion"?  Check out our other Eco-minded Blogs:

Composting 101: What is Composting and Why Should Everyone Do it?

How to Exorcize the Vampire and Monsters in your Life- the "dangers" of phantom energy sources

I Am Proud to Say That Our Future Looks Greener, Thanks To Our Little Earth Stewards!

Color me Green- The In's and Out's of Low VOCs Paints

 

 Instantly search all properties for sale in the Knoxville TN and surrounding areas now!

www.HomesForSaleKnoxville.com

Visit Christine McInerney and The McInerney Team
www.HomesForSaleKnoxville.com www.KnoxvilleReal-Estate.com www.KnoxTNHomeSearch.com


Office: (865) 588-3232
Christine Direct (865) 237-5289 
Mail to: Christine@HomesForSaleKnoxville.com

 

Knoxville TN Realtor

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Re-Blogged 2 times:

Re-Blogged By Re-Blogged At
  1. Michelle Grimm 01/18/2010 05:09 PM
  2. Mark Watterson 01/18/2010 05:16 PM
Topic:
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Location:
Tennessee Knox County Knoxville
Groups:
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Tags:
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2009 energy efficient tax credit

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Ambassador
287,960
Tim and Pam Cash
Crye-Leike (Sango) - Clarksville, TN
Real Estate Professionals - Clarksville TN

Excellent information ladies!  We are going to replace some of the windows in our home this year.  Will make sure the meet the guidelines above.

Mar 16, 2009 03:03 PM #1
Rainer
92,857
Zane Coffin
Century-21 Homestar - Geneva, OH
(Geneva Ohio Real Estate Agent)

Christine and Jennifer....I have been reading some of your past post and you give out some great info thanks for posting this and I am subscibing to your blog....so who's doing the writing? peace zane

Mar 18, 2009 08:22 AM #2
Rainmaker
164,327
Christine McInerney
The McInerney Team with Realty Executives Associates - Knoxville, TN
The McInerney Team, Knoxville TN Homes For Sale

Hi Zane, Thanks for the compliment and for the blog subscription.  I, Christine McInerney (the one on the left) is the "usual" blog writer.  Jennifer is more in charge of the SEO portion of our online business.

Mar 18, 2009 03:49 PM #3
Rainmaker
222,740
Brian Brumpton
Keller Williams Boise - Boise, ID
Boise Idaho Real Estate

This is great information you're sharing.  I like the way you design you lay out your post.  They're informative and easy to read. 

Mar 19, 2009 10:28 PM #4
Rainer
45,729
Jeff Engle
Neighborly Realty - Lincoln, CA
PlacerAreaHomes.com

Thanks for the information.  Another good idea is to check with your local utility company.  In some cases they have additional rebates and/or financing as well as recommended contractors.  Many of the contractors in our area will also fill out all the forms and verification information to receive the tax credit.

Oct 01, 2009 04:42 PM #5
Rainmaker
222,117
Mark Watterson
Salt Lake City, UT
Utah Real Estate

Good information.  Homeowners need to understand what qualifies and what doesn't.  Good post to re-blog.

Jan 18, 2010 05:14 PM #6
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Rainmaker
164,327

Christine McInerney

The McInerney Team, Knoxville TN Homes For Sale
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