The stimulus package allows for a federal energy tax credit to homeowners, up to 30 percent of the cost of home improvements, including window and door replacement. The maximum creidt one may recieve is $1,500 for taxable years 2009 and 2010.
The tax credit doesn not include installation costs. It only covers the cost of the product. Windows must have U-factor and a Solar Heat-Gain Coefficient (SHGC) of 0.30 or less.
The U-factor measures how well a product prevents heat from escapting a home or building. The lower the U-factor, the better a product is at keeping in heat. The SHGC measures how well a product blocks heat from the sun. The lower the SHGCt, the less solar heat the door, window, or skylight transmits. This equates to greater shading
Read the full article on The Philadelphia Inquirer Website.
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