$1500 Energy Tax Credit

With the housing market being down and home prices dropping historically homeowners are finding themselves in a position where they are unable to sell. Therefore, many homeowners, like myself, instead are making repairs and renovations to their home. If you are thinking about replacing your windows, doors, HVAC, hot water heater, roof, or insulation now is the time due to the $1,500 Federal Energy Tax Credit. If you make any of these qualified energy efficient repairs and/or upgrades during the year 2010 you can receive up to 30% energy savings (maximum $1,500). Not only will you receive an energy tax credit on your 2010 taxes but you will also be saving on your monthly utility bills.