The guidance on the home energy improvement tax credit is out. Short version–for insulation and windows, the credit applies to 30% of the materials only. For heating, cooling, and solar installations, it’s 30% of the total installed cost. See my previous post on the tax credit for links to more detailed information.
[Addendum, June 20, 2009: GreenHomes has collected the most common questions and a summary of eligible measures and criteria in an FAQ page on our website.]
Tags: $1500 tax credit, AARA, air conditioning, energy tax credit, energy-efficiency, furnace, green homes, heating, home energy credit, home improvement, insulation, stimulus, tax credit roof, tax credit shingles, windows