2009/2010 Energy Tax Credit*
On February 17th, President Obama signed the $789 billion economic stimulus bill that includes tax credit incentives for homeowners who make energy-efficient home improvements. The bill extends eligibility for tax credits through 2010 on energy-efficient improvements—including qualifying windows and doors!
The bill includes the ability for homeowners to receive a tax credit of 30 percent of the cost of qualifying energy-efficient products up to a maximum of $1,500 per household for all improvements made in 2009 and 2010.
The requirements to qualify for the new energy tax credit include:
- Windows purchased must be equal to or below a U-Factor of 0.30 and a Solar Heat Gain Coefficient (SHGC) of 0.30.
- The purchase of the qualified windows must be made during the taxable year for which the credit is being claimed.
- The credit is only allowed on the price of the qualified windows themselves, not on installation costs, onsite preparation, assembly or sales tax.
- The tax credit is allowable only for qualified window units placed in service in 2009 and 2010.
- Homeowners must save their receipts for their windows purchased along with all window labels and stickers for verification and tax recordkeeping.
- The windows must be installed in the taxpayer's principal residence.
Qualifying Simonton Products
For windows and doors to qualify for the current energy tax credit, they must meet a high level of energy efficiency. Texas Home and Commercial offers a variety of energy-efficient glass packages that meet these qualifications. The following is the list of windows and doors that are eligible for the 2009-2010 tax credit:
Qualifying Simonton Products with Grids updated 4-3-09
Qualifying Simonton Products without Grids updated 4-3-09
NOTE: This list is updated frequently, please check back often and note revision date.
Why Invest in Vinyl Windows and Doors?
There are several advantages to purchasing high performance energy-efficient windows for the home over other energy-efficient products, such as increased insulation or a heat pump. These include:
- Immediate help in reducing your heating and cooling costs.
- Added beauty and curb appeal of the home.
- Low maintenance vinyl windows and doors make your life easier.
- Energy-efficient window replacements provide immediate added value to your home.
Why Simonton?
For more than 60 years, Simonton has led the industry with innovative products designed to make homes more comfortable, energy-efficient and beautiful. As a member of the Fortune Brands family, Simonton Windows is proud to be part of an elite group of companies in the home and hardware industry. Without question, every Simonton window and door represents the highest standards in the industry by meeting AAMA Gold Certification, and that quality is back by a strong warranty. Simonton ranked “Highest in Builder and Remodeler Satisfaction among Residential Window and Patio Door Manufacturers” in the J.D. Power and Associates 2008 Builder and Remodeler Residential Window and Patio Door Satisfaction StudySM. The company was ranked #1 in quality in the 2007 Brand Use Study sponsored by Builder magazine and has won three Best In Class Awards from Market Research Associates.