Save Hundreds on Energy-Saving Upgrades with these 2011 Federal Tax Credits: Part 2
This is part 2 in our 3-part series exploring Federal Tax Credits that you qualify for. Be sure to read part 1 of our Federal Tax Credit savings guide.
Part 2 Tax Credit: Qualify for savings of 30% of cost with no upper limit
Requirements: Existing homes and new construction qualify for both principle residences (where you live most of the time) and second homes. Rentals do not qualify. Expires on December 31st, 2016.
This tax credit applies to the following energy-saving upgrades and additions:
Tax Credit: Geothermal Heat Pumps
Geothermal heat pumps – these pumps use naturally-occurring, in-ground, heating and cooling to provide heating and cooling for your home. This tax credit includes installation costs.
Tax Credit: Small Wind Residential Turbines
Wind turbines convert wind power into electricity and put it back into your home’s electrical system for use. This tax credit includes installation costs.
Tax Credit: Solar Energy Systems
Solar water heaters use the sun’s thermal energy to heat water for use in your home. They come in a wide variety of designs and price points. This tax credit includes installation costs.
Solar panels, also known as photovoltaic systems, have never been more affordable. Florida is a great place to utilize solar cells due to our year-round sunshine.
Federal Tax Credit Series, Part 3
Do you have questions about these federal tax credits?
Contact us below for a free consultation on which energy-saving products are best for you and your family. Regardless of your budget, we can design an energy-saving plan for you that will offer you a return on your investment both in energy and tax credit savings.