Garage Doors and the New Energy Tax Credit
Many people that we talk to are unaware that certain insulated garage doors qualify for the new 30% Energy Tax Credit Act. The Act entitles eligible homeowners to tax credits for energy saving improvements, including certain garage doors. The tax credit is equal to 30% of all qualified energy saving improvements installed in an existing home from February 17th, 2009 to December 31st, 2010. The credit applies to the product only (not labor), and has a maximum of $1,500.00 for all improvements. For example if the garage door (no labor) cost is $800.00, the applicable homeowner tax credit is $240.00. To be eligible, the installed garage door must meet the following basic criteria:
- The door must be an insulated garage door installed before December 31st, 2010, and the door must have an Energy Tax Credit Certification.
- The door must have an installed U-factor equal to or less than 0.30, and there must be a means to control air filtration at the door perimeter. The U-factor includes doors with and without windows. "Doors with non-insulated windows would generally not comply".
- The door must be expected to remain in service for at least 5 years.
- The garage space must be insulated, whether heated or not.
- The garage must be a part of the taxpayer's principle U.S. residence.
We have many brands and models that are certified and do qualify for the credit. Please stop by our showroom to view our door selection or call with any questions you may have.
Your Door Professionals,
St. Cloud, Brainerd and Willmar Overhead Door Company |