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Tax Credits/Rebates

Federal Tax Credits and Appliance Rebates for Homeowners

Energy StarUnder the new energy bill, consumers are eligible for up to a $500 tax credit for money spent on energy improvements in their homes. For example, you can get a $300 credit for installing a highly efficient central air conditioner, heat pump or water heater, or a $200 credit for installing energy-saving windows. To be eligible for the tax credit, these improvements must be 2006-2007. You would receive the tax credit in the tax form you file by April 15 of 2007 or 2008.

For more information visit the Energy Star Web site: www.energystar.gov/taxcredits.
 

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