Burroughs Heating & Air Conditioning Inc

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How has the new Stimulus bill affected the tax credits for energy efficient home improvements?

On February 17, 2009, President Obama signed a stimulus bill (The American Recovery and Reinvestment Act of 2009) that made some significant changes to the energy efficiency tax credits. The highlights are:

* The tax credits that were previously effective for 2009, have been extended to 2010 as well.
* The tax credit has been raised from 10% to 30%.
* The tax credits that were for a specific dollar amount (ex $300 for a CAC), have been converted to 30% of the cost.
* The maximum credit has been raised from $500 to $1500 for the two years (2009–2010). However, some improvements such as geothermal heat pumps, solar water heaters, and solar panels are not subject to the $1,500 maximum.
* The $200 cap on windows has been removed.

* Check out the full line of Bryant heating, air conditioning, indoor air quality and a lot more!

* Request one of our "Comfort Specialists" to come to your home and discuss the many home energy savings solutions we offer!

*Give us a call anytime for the answers to your home comfort questions!