Metal Roofing Energy Efficiency Tax Credit Extended
Recently, Congress extended the Energy Efficiency Tax Incentives for metal roofs installed in 2012 or completed in 2013. The tax credit covers 10% of the cost of materials installed, up to a maximum of $500 per home. (Source: The Tax Incentives Assistance Project)
For Homeowners to receive the tax credit, they must take the following steps:
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1.
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Confirm that the metal roof they selected is a prepainted or coated Energy Star-labeled metal roof with pigmented coating/paint film specifically designed to reduce heat gain, and obtain certification from your contractor or the manufacturer.
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Have the metal roof installed on their principal residence between January 1, 2012 and December 31, 2013, which meet ENERGYSTAR® guidelines. For further information on the requirements for tax credit eligibility, homeowners can go here and/or consult with their tax advisor.
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Fill out IRS Form 5695 Residential Energy Credits when filing their taxes for 2012 and/or 2013.
If you have any further questions don’t hesitate to contact us at 800.621.2828
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What is included in the 2012 and 2013 Federal Tax Credit?
www.energystar.gov/taxcredits
or
www.energystar.gov/taxcredits
Consumers Energy Home Energy Savings Rebate:
http://www.consumersenergy.com/eeprograms/Residential.aspx?id=4069
Windows:
http://www.plygemwindows.com/lrn_energytaxcreditdetail.aspx
Siding:
http://www.alside.com/index.aspx?page=701
Consult with your tax adviser for further guidance.
