Tag Archive: wind

2009 Tax Breaks For Going Green

Are you ready to install solar panels or a wind turbine at your house? How about adding insulation or installing more energy efficient windows? 2009 may just be the year to take the plunge, thanks to some new, extended and improved tax credits.

Details can vary depending on your project but energy efficient home improvements including replacement windows (capped at $200), insulation (10% of the cost, capped at $500), sealing cracks in the shell of your house and in the duct work, and energy efficient water heaters and furnaces (capped at $300) can get you some very helpful tax credits.

The existent tax credit for installing solar panels was extended for 2009 giving you a 30% credit against the cost of your equipment with the previous $2,000 cap removed.

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