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As a part of the
American Recovery and Reinvestment Act of 2009, homeowners
are eligible for up to $1500 in federal tax credits.
This amount may be reached by making "green" improvements to
your home, such as new windows, insulation, and energy
efficient Air Conditioning Systems. We feel that
replacing your old AC with a new energy efficient system
gets the most bang for your buck because you get the tax
credit, as well as a drastic savings on your monthly
electric bill.
Be careful!!!
Some dealers may leave out the fact that the $1500 is a Tax
Credit. It reduces your tax liability by $1500.
It is not a government rebate. If at the end of the
year you owe Uncle Sam $800, when you ad in your tax credit,
he ends up owing you $700! |