Did You Know?
The energy tax credits that apply to qualifying garage doors have been extended, amended, and expanded as follows.
• Now applies to qualifying purchases through 2010 (previously 2009).
• Now equals 30% of the product purchased (previously 10%).
• Maximum credit $1500 (previously $500).
• Applicable years are now 2006, 2007, 2009 and 2010 (previously 2006,2007, and 2009).
• U factor is now 0.30 (previously 0.35).
The tax credit applies to most insulated garage door installed on an insulated garage as long as it is part of the taxpayer's principal residence, has a U factor of 0.30, and a means to control air infiltration at the door perimeter. If the taxpayer already claimed a full $500 credit in 2006-2007, additional $1000 credit is available for 2009 and 2010.
http://www.energystar.gov/index.cfm?c=tax_credits.tx_index