2009 Federal Tax Credis for Home Improvements for Power Sys

fyi the following website:
http://www.energystar.gov/index.cfm?c=products.pr_tax_credits
has links to details on the new Federal Tax Credits for Energy Efficiency that were made into law on October 3, 2008, when President Bush signed into law the �Emergency Economic Stabilization Act of 2008.� This bill extended tax credits for energy efficient home improvements (windows, doors, roofs, insulation, HVAC, and non-solar water heaters). Tax credits for these residential products, which had expired at the end of 2007, are now be available for improvements made during 2009.
However, improvements made during 2008 are not eligible for a tax credit (so you might want to wait to make that home improvement until this January )
The bill also extended tax credits for solar energy systems and fuel cells to 2016 ( hooray!). New tax credits were established for small wind energy systems (hooray!) and plug-in hybrid electric vehicles (yeah!). Tax credits for builders of new energy efficient homes and tax deductions for owners and designers of energy efficient commercial buildings were also extended.

On Oct 25, 9:18 am, drydem wrote:

fyi the following website:
http://www.energystar.gov/index.cfm?c=products.pr_tax_credits
has links to details on the new Federal Tax Credits for Energy Efficiency that were made into law on October 3, 2008, when President Bush signed into law the �Emergency Economic Stabilization Act of 2008.� This bill extended tax credits for energy efficient home improvements (windows, doors, roofs, insulation, HVAC, and non-solar water heaters). Tax credits for these residential products, which had expired at the end of 2007, are now be available for improvements made during 2009.
However, improvements made during 2008 are not eligible for a tax credit (so you might want to wait to make that home improvement until this January )
The bill also extended tax credits for solar energy systems and fuel cells to 2016 ( hooray!). New tax credits were established for small wind energy systems (hooray!) and plug-in hybrid electric vehicles (yeah!). Tax credits for builders of new energy efficient homes and tax deductions for owners and designers of energy efficient commercial buildings were also extended.

Thanks for the information. You may want to consider discussing the NYS Tax Incentive Program for Solar Panels. I found great information at http://AlternativeEnergyfortheHome.BrighterPlanet.org