The choice is clear for New Jersey homeowners:
Replacement windows will definitely increase your home’s resale value and energy efficiency. There are also significant financial benefits. Taxpayers who made some energy efficient improvements to their home or purchased energy-efficient products last year may qualify for a tax credit this year. Nationwide Window wants you to know about these specific energy-related tax credits created or expanded by the American Recovery and Reinvestment Act of 2009:
1. Residential Energy Property Credit. This tax credit is for homeowners who make qualified energy efficient improvements to their existing homes. This credit is 30 percent of the cost of all qualifying improvements. The maximum credit is $1,500 for improvements placed in service in 2009 and 2010 combined. The credit applies to improvements such as adding insulation, energy efficient exterior windows and energy-efficient heating and air conditioning systems.
2. Residential Energy Efficient Property Credit. This tax credit will help individual taxpayers pay for qualified residential alternative energy equipment, such as solar hot water heaters, solar electricity equipment and wind turbines installed on or in connection with their home located in the United States and fuel cell property installed on or in connection with their main home located in the United States. The credit, which runs through 2016, is 30 percent of the cost of qualified property. ARRA removes some of the previously imposed annual maximum dollar limits.
There are also additional programs through state governments and utility companies that offer low-interest loans and grants to replace your windows with energy-efficient ones.
Nationwide Window & Siding has a wide assortment of window types that will not only enhance your home’s visual appeal, but will improve your comfort and lifestyle. Call Nationwide today at 1-877-777-4488 for additional information.