While the $1500 tax credit for energy efficient products expired at the end of 2010, there is still a little life left in the idea of crediting homeowners who increase their homes efficiency with windows and doors.
A bill signed by President Obama extended the Bush era tax cuts in reference to windows, sky lights and doors and includes a new, less generous tax credit. For the year of 2011, homeowners will be able to receive a 10% credit of up to $200 for Energy Star qualified windows and skylights and a 10% credit of up to $500 for Energy Star qualified doors.
Although the new credit is not the same as the old credit, combining the savings from heating and cooling bills with the meager tax credit will no doubt help you save in the long run.
