$1500 Energy Tax Credit Ends on December 31st, 2010. Take Advantage of the Savings Before they Expire! www.theinfouwant.com
Home Improvement Expert and TV Personality, Brad Staggs
Since October is Energy Awareness Month, theres no better time to get the word out to US Homeowners that they need to act fast if they want to save money and improve the energy efficiency of their homes at the same time! In an effort to help US Citizens become more energy efficient, a tax credit has been offered for 2009 and 2010. That tax credit will end on December 31st of this year fore certain products, so now is the time to take advantage.
Most homeowners dont know or understand that a tax credit is generally more valuable than an equivalent tax deduction because a tax credit reduces the actual tax dollar paid, dollar-for-dollar. A deduction only removes a percentage of the tax owed. Homeowners who upgrade with qualifying energy efficient products can save up to $1500, which is that much less on their taxes.
Home Improvement Expert/TV Personality Brad Staggs explains what types of products qualify for the Home Improvement Energy Tax Credit, and how homeowners can get the maximum dollar amount allowed. There are certain categories of products that qualify, and each individual product must meet certain energy saving standards before being eligible for the tax credit. Brad discusses the categories and the specific products in each:
Simonton Energy Efficient Windows: To qualify, windows and doors must have a U-factor and Solar Heat Gain Coefficient (SHGC) less than or equal to .30. Simonton windows meet or exceed these standards and have consistently ranked highest in satisfying builders and remodelers with residential windows and doors. J.D. Power and Associates 2010 Windows and Power Doors Satisfaction Study ranked Simonton highest in both consumer and remodeler categories.
Noritz Tankless Water Heater: Not all water heaters qualify for the tax credit. This tax credit is for non-solar models only. There are no residential tank storage water heaters that qualify although there are some commercial versions that meet the Energy Factor Requirement of .82. Electric Tankless are also NOT eligible, so for the average homeowner, Gas, Oil, or Propane Tankless is what has to be installed to take advantage of the credit. Noritz uses dual flame burner technology and a commercial grade heat exchanger to offer high quality and maximum energy savings.
Clopay Garage Doors: Garage Doors must be purchased and installed in 2009 or 2010 and must have a U-Factor and Solar Heat Gain Coefficient (SHGC) of 0.30 or lower. The door must also have a means of controlling air infiltration around the door such as vinyl weather stripping. Many Clopay insulated steel garage doors qualify for the tax credit.
Staggs also gives information on products that are eligible for the extended tax credit of 30% of the cost, which has been pushed to an end date of December 31st, 2016. These products include Geothermal Heat Pumps, Small Wind Turbines, Solar Energy Systems, and Fuel Cells.
About Brad Staggs
Brad is a seasoned spokesperson for Satellite Media Tours. He is a licensed contractor and a recognizable personality in the Home Improvement Television world. While home improvement is Brads main game, his hobby of magic serves him well as he conjures up expert advice on home repair and remodeling for a number of DIY and HGTV programs. Staggs expertise, (complemented by a healthy dose of humor and enthusiasm) stems from years of hands-on experience in the field and in front of the camera. Even as a young boy, he helped his dad with weekend projects and played gofer at various construction sites. Staggs is no stranger to broadcasting either. His credentials include hosting and producing country music programs as well as travel, cooking and game shows (and an acting stint on NBCs daytime soap Days of Our Lives). When HGTV launched in 1994, Staggs quickly became the home-maintenance expert on Today at Home, a position he held for many years. Staggs gained popularity as the co-host for Talk 2 DIY Home Improvement, Be Your Own Contractor, Complete Fix-It and other series on the DIY Network. He is currently a regular face on HGTVPro.com and HGTVPro.com Weekly.
