Taxpayers purchasing replacement windows in 2009 and 2010 that meet specific energy efficiency requirements are eligible for 30% of the amount as a tax credit. This replacement window tax credit is capped at $1,500 for the years of 2009 and 2010.
To be eligible for the tax credit, replacement windows purchased must be equal to or below a U Factor of 0.30 and a Solar Heat Gain Coefficient (SHGC) of 0.30. U Factor is the amount of heat transferred through a material. The lower the U-value, the slower the rate of heat flow and the better the insulating quality of the window. Solar Heat Gain Coefficient (SHGC) is the percentage of heat gained from both direct sunlight and absorbed heat. The smaller the number, the greater the ability to reduce solar heat gain into the home.
This “Go Green Did You Know” tip was brought to you by: Purple Duck University, the educational division of Purple Duck Marketing.