Federal Energy Tax Credits For Residential Housing – What’s in your Stimulus Package

Posted on May 27, 2009 by Doug Nicodemus

What’s up with the Feds for the new green economy?

http://www.energystar.gov/index.cfm?c=products.pr_tax_credits

Federal Tax Credits for Energy Efficiency

Frequently Asked Questions:

How has the new Stimulus bill affected the tax credits for energy efficient home improvements?

What tax credits are available in 2008 for energy efficiency home improvements?

Are installation costs covered by the tax credit?

All Tax Credit FAQs

UPDATED May 14, 2009

Quick link to this page: energystar.gov/taxcredits

Federal Tax Credits for Energy Efficiency includes:

Tax Credits for Consumers
- Tax credits are available at 30% of the cost, up to $1,500, in 2009 & 2010 (for existing homes only) for:
- Tax credits are available at 30% of the cost, with no upper limit through 2016 (for existing homes & new construction) for:
Cars
Tax Credits for Home Builders
Tax Deductions for Commercial Buildings
For More Information

**Please note, not all ENERGY STAR qualified homes and products qualify for a tax credit. These tax credits are available for a number of products at the highest efficiency levels, which typically cost much more than standard products. If, for whatever reason, you decide not to purchase a product covered by the tax credit, you may still consider purchasing an ENERGY STAR product. ENERGY STAR distinguishes energy efficient products which, although they may cost more to purchase than standard models, will pay you back in lower energy bills within a reasonable amount of time, without a tax credit.

Tax Credits for Consumers:

Home Improvements

Tax credits are now available for home improvements:

must be “placed in service” from January 1, 2009 through December 31, 2010
must be for taxpayer’s principal residence, EXCEPT for geothermal heat pumps, solar water heaters, solar panels, and small wind energy systems (where second homes and rentals qualify)
$1,500 is the maximum total amount that can be claimed for all products placed in service in 2009 & 2010 for most home improvements, EXCEPT for geothermal heat pumps, solar water heaters, solar panels, fuel cells, and small wind energy systems which are not subject to this cap, and are in effect through 2016
must have a Manufacturer Certification Statement³ to qualify
for record keeping, save your receipts and the Manufacturer Certification Statement³
improvements made in 2009 will be claimed on your 2009 taxes (filed by April 15, 2010) — use IRS Tax Form 5695 (2009 version) — it will be available late 2009 or early 2010
If you are building a new home, you can qualify for the tax credit for geothermal heat pumps, photovoltaics, solar water heaters, small wind energy systems and fuel cells, but not the tax credits for windows, doors, insulation, roofs, HVAC, or non-solar water heaters. More.

Or you can go here:

http://www.energy.gov/taxbreaks.htm

Consumer Energy Tax Incentives
What the American Recovery and Reinvestment Act Means to You

The American Recovery and Reinvestment Act of 2009 extended many consumer tax incentives originally introduced in the Energy Policy Act of 2005 (EPACT) and amended in the Emergency Economic Stabilization Act of 2008 (P.L. 110-343). Businesses, utilities, and governments are also eligible for tax credits.

See the summary of the energy tax incentives included in the Emergency Economic Stabilization Act of 2008.

About Tax Credits
A tax credit is generally more valuable than an equivalent tax deduction because a tax credit reduces tax dollar-for-dollar, while a deduction only removes a percentage of the tax that is owed. Consumers can itemize purchases on their federal income tax form, which will lower the total amount of tax they owe the government.

Fuel-efficient vehicles and energy-efficient appliances and products provide many benefits such as better gas mileage –meaning lower gasoline costs, fewer emissions, lower energy bills, increased indoor comfort, and reduced air pollution.

In addition to federal tax incentives, some consumers will also be eligible for utility or state rebates, as well as state tax incentives for energy-efficient homes, vehicles and equipment. Each state’s energy office web site may have more information on specific state tax information.

Below is a summary of many of the tax credits available to consumers. Please see the ENERGY STAR® page on Federal Tax Credits for Energy Efficiency for complete details.

Home Energy Efficiency Improvement Tax Credits
Consumers who purchase and install specific products, such as energy-efficient windows, insulation, doors, roofs, and heating and cooling equipment in existing homes can receive a tax credit for 30% of the cost, up to $1,500, for improvements “placed in service” starting January 1, 2009, through December 31, 2010. See EnergyStar.gov for a complete summary of energy efficiency tax credits available to consumers.

Residential Renewable Energy Tax Credits
Consumers who install solar energy systems (including solar water heating and solar electric systems), small wind systems, geothermal heat pumps, and residential fuel cell and microturbine systems can receive a 30% tax credit for systems placed in service before December 31, 2016; the previous tax credit cap no longer applies.

Automobile Tax Credits
Hybrid Gas-Electric and Alternative Fuel Vehicles
Individuals and businesses who buy or lease a new hybrid gas-electric car or truck are eligible for an income tax credit for vehicles “placed in service” starting January 1, 2006, and purchased on or before December 31, 2010. The amount of the credit depends on the fuel economy, the weight of the vehicle, and whether the tax credit has been or is being phased out. Hybrid vehicles that use less gasoline than the average vehicle of similar weight and that meet an emissions standard qualify for the credit.

This tax credit will be phased out for each manufacturer once that company has sold 60,000 eligible vehicles. At that point, the tax credit for each company’s vehicles will be gradually reduced over the course fifteen months. See the IRS’s Summary of the Credit for Qualified Hybrid Vehicles for information on the status of specific vehicle eligibility.

Alternative-fuel vehicles, diesel vehicles with advanced lean-burn technologies, and fuel-cell vehicles are also eligible for tax credits. See the IRS summary of credits available for Alternative Motor Vehicles.

Plug-In Electric Vehicles
Plug-in electric vehicles also qualify for a tax credit starting January 1, 2010. The credit for passenger vehicles and light trucks ranges from $2,500 to $7,500, depending on batter capacity. The first 200,000 vehicles sold by each manufacturer are eligible for the full tax credit; the credit will then phase out over a year.

Plug-In Hybrid Conversion Kits
Hybrid vehicle owners who purchase a qualified plug-in hybrid conversion kit are eligible for a 10% credit, capped at $4,000, through 2011.

* Sources: ENERGYSTAR.gov and IRS.gov
** The IRS will determine final tax credit amounts. As more information becomes available, it will be posted on our website.

I am getting tired now. So you can go here:

http://www.moneymaestros.com/federal-tax-credits-for-energy-efficiency-now-extended-in-2009/

Federal Tax Credits For Energy Efficiency Now Extended In 2009

by James K. on January 14, 2009

Good news for consumers who are energy conscious and using energy efficient appliances. Last October, Federal tax credits for energy efficient home improvements have been extended into 2009.

The recently-signed “Emergency Economic Stabilization Act of 2008? includes an extension of the residential tax credits for energy efficient improvements. The previous tax credits expired at the end of 2007.

It’s important to note that the new tax credits for installing energy efficient improvements are only good for 2009 installations. There are no tax credits for improvements installed during 2008.

The tax credits are available for insulation, replacement windows, water heaters, and certain high efficiency heating and cooling equipment. However, be aware that not all Energy Star rated improvements are eligible for the tax credit. Be sure to check EnergyStar.gov for rules and more details.

Here are some examples of the federal tax credits that are available to homeowners:

– Windows: 10% of cost, up to $200, for qualified ENERGY STAR windows, skylights and storm windows
– Doors (exterior): 10% of cost, up to $500, for qualifying doors (most ENERGY STAR doors will qualify)
– Roofs (metal): 10% of cost, up to $500, for qualifying ENERGY STAR metal roofs
– Insulation: 10% of cost, up to $500, for qualifying insulation (not vapor retarders or siding)
– Air Conditioning (split or package systems): $300 for qualifying systems, not all ENERGY STAR systems qualify
– Water Heaters (tankless only): $300 for qualifying systems
– Cars: Credits are available for certain cars, and is limited by 60,000 per manufacturer before a phase-out period begins
– Solar Water Heating: 30% of cost, up to $2,000, not available for water heaters used for pools or spas
– Solar Power (Photovoltaic): 30% of cost, up to $2,000, must provide electricity for the home
– Fuel Cells: 30% of cost, up to $1,000 per kW of power that can be produced

Tomorrow – Paint your roof white

Fast Super Efficient Houses – Why is America so far behind?

Posted on September 18, 2008 by Doug Nicodemus

This is at one time really cool, a really cool site and depressing if you live in the heart of the energy hog.

http://www.inhabitat.com/2008/09/12/sustainable-homes-from-easy-domes/

:} I can’t say enough about this publication. Its great! :}

Echoing the structures of Buckminster Fuller’s Geodesic Domes, Danish Architect Kári Thomsen and Engineer Ole Vanggaard have created Easy Domes, a series of quick assembly, low-energy homes! Following the success of the first Easy Dome home built in 1992 for the Greenland Society on The Faroe Islands, a number of dome-shaped cottages were erected as tourist getaways. Since then, the buildings have been put into production and delivery of these fabulous prefab buildings was initiated early this summer!

The unique shape of the Easy Dome, called an icosahedron, is designed to optimize the amount of interior space inside each home. Made up of several hexagonal pieced together, the dome hosts a wealth of interior nooks and crannies, making it stand out from other prefab home designs.

The dome offers individuals the opportunity to build their own high quality homes, coming with pre-built wooden sections, ready to assemble on either a concrete or timber plinth. Once on site, the dome houses take only one day to raise and seal, and for domes less than 500 square feet, no crane is needed to complete construction. The load construction is extremely strong and built for extreme weather, including wind speeds of 200 mph with one meter of wet snow on the roof.

The completed two-floor homes come with living room, kitchen, bathroom and two bedrooms and are constructed using only sustainable and recycled materials. The exterior is covered with non-toxic impregnated pinewood, and the roof is covered with grass. The construction is ventilated on the exterior and insulated with wood-wool or flax, with fiber gypsum to cover all installations and cables. The floor is made up of a plate of reinforced concrete with pressure-resistant insulation and vitrified gravel underneath. Laying on top of the concrete are insulation and floorboards. Furthermore, each home is installed with solar panels and a brick stove, both of which are thermostat-controlled and connected to a water tank. Other renewable energy systems are also available

With a minimum use of materials, the domes are sustainable, energy efficient, spacious and cost-efficient. There is also the potential to erect two or three domes together.

You can find much more at their site:

http://www.easydomes.com/

The Easy Domes concept sets up for advantages in a very quick and easy assembling and raising of the building and its finish. On a concrete or timber basic it takes one day to raise and seal the construction which is made of quality plywood and 3×4? to 3×6″ timber in pinewood.

All sections are premade and ready to assemble with bolts and nuts and the sealing of the edges with asphaltpaper or rubber. The climate shelter and finish out – and inside are also precutted plates / sections ready for mounting.

Floor, partition walls and windows and doors are offered as the house by this becomes ready for kitchen, bathroom, furniture, lamps and other installations done by the dome owner.

The Easy Domes products are certified and of high quality and precision made materials fullfilling international building rules and standards. Transport is easy in container and no crane is needed to erect buildings untill the 50 sq.ft. domes.

As domes are geometrical structures optimized on loads and climate conditions – with a minimum use of materials – advantages are reached in a sustainable, energy efficient and spatial building on a very suitable cost level.

For Those Of You Who Can’t Give Up Their Windows – Energy efficient windows are a must

Posted on June 25, 2008 by Doug Nicodemus

The problem with this topic is everyone is in the window business or the window advice business. It’s like ceiling fans, the makers are everywhere, they make tons of products, and their are millions of opinions about them. So I will try to be simple and to the point. Anyway you cut it single pain (oh sorry) double hung windows should be a thing of the past

http://www.efficientwindows.org/lowe.cfm

Window Technologies: Low-E Coatings

Low-emittance (Low-E) coating are microscopically thin, virtually invisible, metal or metallic oxide layers deposited on a window or skylight glazing surface primarily to reduce the U-factor by suppressing radiative heat flow. The principal mechanism of heat transfer in multilayer glazing is thermal radiation from a warm pane of glass to a cooler pane. Coating a glass surface with a low-emittance material and facing that coating into the gap between the glass layers blocks a significant amount of this radiant heat transfer, thus lowering the total heat flow through the window. Low-E coatings are transparent to visible light. Different types of Low-E coatings have been designed to allow for high solar gain, moderate solar gain, or low solar gain.

Double-Glazed with High-Solar-Gain Low-E Glass

This figure illustrates the characteristics of a typical double-glazed window with a high-transmission, Low-E glass and argon gas fill. These Low-E glass products are often referred to as pyrolitic or hard coat Low-E glass, due to the glass coating process. The properties presented here are typical of a Low-E glass product designed to reduce heat loss but admit solar gain. High solar gain Low-E glass products are best suited for buildings located in heating-dominated climates. This Low-E glass type is also the product of choice for passive solar design projects due to the performance attributes relative to other Low-E glass products which have been developed to reduce solar gain.

In heating-dominated climates with a modest amount of cooling or climates where both heating and cooling are required, Low-E coatings with high, moderate or low solar gains may result in similar annual energy costs depending on the house design and operation. While the high solar gain glazing performs better in winter, the low solar gain performs better in summer. Low solar gain Low-E glazings are ideal for buildings located in cooling-dominated climates. Look at the energy use comparisons under Window Selection to see how different glazings perform in particular locations. (these products can come with Krypton gas but are more expensive)

Double-Glazed with Moderate-Solar-Gain Low-E Glass

This figure illustrates the characteristics of a typical double-glazed window with a moderate solar gain Low-E glass and argon gas fill. These Low-E glass products are often referred to as sputtered (or soft-coat products) due to the glass coating process. (Note: Low solar gain Low-E products are also called sputtered coatings.) Such coatings reduce heat loss and let in a reasonable amount of solar gain and are suitable for climates with both heating and cooling concerns. In heating-dominated climates with a modest amount of cooling or climates where both heating and cooling are required, Low-E coatings with high, moderate or low solar gains may result in similar annual energy costs depending on the house design and operation. Look at the energy use comparisons under Window Selection to see how different glazings perform in particular locations.

Double-Glazed with Low-Solar-Gain Low-E Glass
(Spectrally Selective)

This figure illustrates the characteristics of a typical double-glazed window with a low solar gain Low-E glass and argon gas fill. These Low-E products are often referred to as sputtered (or soft-coat) due to the glass coating process. (Note: Moderate solar gain Low-E products are also called sputtered coatings.) This type of Low-E product, sometimes called spectrally selective Low-E glass, reduces heat loss in winter but also reduces heat gain in summer. Compared to most tinted and reflective glazings, this Low-E glass provides a higher level of visible light transmission for a given amount of solar heat reduction.

Low solar gain Low-E glazings are ideal for buildings located in cooling-dominated climates. In heating-dominated climates with a modest amount of cooling or climates where both heating and cooling are required, Low-E coatings with high, moderate or low solar gains may result in similar annual energy costs depending on the house design. While the high solar gain glazing performs better in winter, the low solar gain performs better in summer. Look at the energy use comparisons under Window Selection to see how different glazings perform in particular locations.

Variants on low solar gain Low-E coatings have also been developed which lower solar gains even further. However this further decrease in solar gains is achieved by reducing the visible transmittance as well – such coatings, which may appear slightly tinted, are best suited for applications where cooling is the dominant factor and where a slightly tinted effect is desired.