Monday, April 6, 2009

Getting Started with the 30% Tax Credit

With nothing in particular on my mind but wanting to get things started, I would recommend that anyone who reads this and owns a home go here before starting in on any home improvements.
It is important to note the caveat at the bottom of the page - not all EnergyStar products qualify for the 30% Tax Credit. For instance, the guideline for insulation is the 2009 International Energy Conservation Code (2009 IECC), which breaks its recommendations down by Climate Zone. (I'll try to find a link for it.)

For example - a house in Wichita/South Central Kansas is in Climate Zone 4. According to the 2009 IECC, walls should be R-13, attics should be R-38 and floors should be R-19, where applicable. If your house isn't at these levels and you choose to add insulation up to these levels, you qualify for a 30% tax credit on the material costs of the project up to $1,500.

So, that's a great example of what we'll be talking about on this blog. If you have any suggestions about what you'd like to read about, send them on in & I'll try to get to them.

Jeff

No comments:

Post a Comment