Earn a Tax Credit This Year by Replacing Your:
Roof, Doors or Windows
If you’ve been thinking about replacing
your roof, some windows and an exterior door or two, then you
need to know about the federal tax credit available through the
end of this year. The credit applies to qualifying Energy
Star-rated products, such as certain asphalt roofing shingles,
thermal multi-pane windows, and storm doors. A credit can be
claimed for 30 percent of a product’s purchase price, up to
$1,500.

Energy
efficient roofing material that is eligible for the tax credit
is also highly fire resistant. Energy Star-rated storm windows
and doors, when properly installed, keep damaging smoke and soot
out of a home’s interior much better than older windows and
doors. Double-pane thermal windows also resist breakage from
radiant heat longer than older double-pane windows
If you want to take advantage of these tax credits, make sure the products you buy meet the latest ultra-efficient Energy Star standards. Windows, for example, must have U factor and Solar Heat Gain Coefficient (SHGC) ratings of 0.30 or less; these ratings are found on an Energy Star sticker attached to qualifying products. Doors must also meet International Code Council (IECC) construction standards.
Roofing products covered by the tax credit include metal roofing materials with “appropriate pigmented coatings” and asphalt shingles with “appropriate cooling granules.” Unfortunately, a list of qualifying products isn’t available on the Energy Star website. Consumers are directed to get a manufacturer’s certification statement of tax credit compliance from the roofing product manufacturer.
The tax credit applies only to the cost of qualifying roofing materials, windows and doors, but not to the cost of installation.
Finally, before slapping down your money, check with your accountant or tax preparer to make sure you’re going to qualify. Keep all purchase receipts and the products’ manufacturer’s certification statements.
Get the details online at energystar.gov.
