Take Advantage of the Extended Energy Tax Credit
Most of us are concerned about conserving energy as much as we can, and the federal government feels the same way. So much so, in fact, that in an effort to encourage consumers to purchase and install the most energy efficient roofing materials available, Congress recently voted to extend the energy tax credit (or the Energy Efficiency Tax Incentive) for homeowners. Under this guideline, a homeowner can receive tax credit for up to 10% of the cost of materials for a new, energy efficient roof, up to a maximum of $500 per home.
Do You Qualify?
In order to qualify for the tax credit, you must meet the following criteria:
- You must have a new roof installed between the dates of 1/1/12 and 1/31/13.
- The roof must be on your primary place of residence (not a rental, for example).
- The roof must be Energy Star rated and made of either metal that is pre-painted or pre-coated or asphalt that includes cooling granules.
Talk to your roofing contractor today for more information on which roofing materials will qualify you for this tax break from the federal government. Not only will a new, energy efficient roof increase the value of your property and make a significant difference in your energy bills, but now it may even save you money on your taxes! One more important thing to remember with metal roofs: because they’re extremely fire-resistant, many insurance companies offer lower premiums to their customers with metal roofs. With all those advantages available to you, there’s never been a better time than now to consider a new metal roof for your home.
Source: Metal Roofing Alliance
Post and Ceiling | Flickr – Photo Sharing! : taken from – http://www.flickr.com/photos/stevensnodgrass/4702238502/Author: Steve Snodgrass http://creativecommons.org/licenses/by/2.0/deed.en