The package offers the following incentives:
  • extends the tax code section 25C credit for energy-efficient home improvements through the end of 2010
  • expands the list of eligible improvements which now includes furnaces, energy-efficient windows and doors, insulation, and renewable energy such as geothermal heat pumps and solar
  • increases the credit rate from 10 percent to 30 percent
  • raises the lifetime cap from $500 to $1,500

For a list of eligible items visit: http://www.energystar.gov/index.cfm?c=products.pr_tax_credits.

 

For state and local credits and rebates, visit www.dsireusa.org

 

Homeowners should keep manufacturer information and other details about the improvements and file IRS Tax Form 5695 with their taxes.