This Springtime, Sweep Up The Cash!
Everyone seems to have "spring-cleaning" in mind around this time of year, but it may be better to forget the cleaning and focus on sweeping up cash. Generous government tax credits are now available to those who make energy efficient upgrades to their homes.
Homeowners who install specified windows, doors, insulation, roofs, furnaces, air conditioners, and water heaters can get "non-refundable" tax credits that can help lower their 2010 tax liability. A "non-refundable" tax credit is one where "you can't get more money back in tax credits than you pay in federal income taxes" according to the government web site energystar.gov. These current incentives expire December 31, 2010 and are only available to those who have not claimed the full credit amount of $1,500 since the program began in January 2009.
Additionally, there is flexibility for do-it-yourselfers, because the credit can be obtained in most cases even when you install your own upgrades. Visit energystar.com for full program details, including frequently asked questions and sweep up some cash this springtime.