Christopher Yermal
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Registered: 10-2006
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Green tax credits for builders and homeowners
Forwarding Post by: Rob Moody
Getting tax credits for building a green home or for giving your current home an energy upgrade is like having an extra birthday.
This past October, President Bush signed H.R. 1424, the Emergency Economic Stabilization Act of 2008, after it passed the Senate 74-25 and the House 263-171. The bill includes updates to federal tax credits for energy-efficient homes and those that make use of renewable energy, such as solar power. The credits were originally tied to the Energy Policy Act of 2005, and then subsequently, The Energy Improvement and Extension Act of 2008.
The updated credits kick in on Jan. 1, 2009. Here's a breakdown of the credits you’re eligible for if you build a green home or upgrade your home to the standards listed:
http://finehomebuilding.taunton.com/item/4090/green-tax-credits-for-builders-and-homeowners
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1/13/2009, 9:49 am
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