Former President Bush signed legislation renewing tax credits for certain energy-efficient related home improvements. As part of the Emergency Economic Stabilization Act of 2008, tax credits were included for energy efficient improvements to existing non-business properties.
Among the products included as energy efficient improvements in this tax credit are ENERGY STAR® qualified replacement windows and doors. Renewal by Andersen, the start-to-finish window replacement subsidiary of Andersen Corporation, is pleased to announce that all standard glass options for its replacement windows and doors qualify for this tax credit to consumers, helping consumers save money, energy and be more comfortable in their homes.
Home improvements purchased and installed between January 1, 2009 and December 31, 2009 may be eligible for the 2009 tax credits. This tax credit is an extension of the original tax credits which expired December 31, 2007. No credits are available for home improvements made during 2008.
Consumers may be eligible to receive a one time maximum tax credit up to $500 for any and all improvements. Of the $500 maximum credit, a $200 total maximum credit is for qualifying windows and skylights purchased and installed during the 2009 taxable year, and a $500 total maximum credit for doors if windows or skylights are not used. In all cases, there is a $500 lifetime maximum tax credit limit. For additional information regarding the 2009 tax credit, visit www.energystar.gov/taxcredits.
"Most Renewal by Andersen replacement windows and doors with High-Performance™ Low-E4®, High-Performance Low-E4 Sun, High-Performance Low-E4 SmartSun™ glass will qualify for the 2009 tax credit when used for remodeling, replacement or home improvement," said Jim Conway, director of marketing. "In addition to the tax savings, energy efficient replacement windows from Renewal by Andersen can also significantly reduce heating and cooling costs."
Visit the Renewal by Andersen web site at www.renewalbyandersen.com to view a list of qualifying Renewal by Andersen products.