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Tax Breaks for Making Your Home More Energy Efficient

Pondering some work on your home?  Consider the help Uncle Sam is going to offer through the Home Energy Credit.
 
Homeowners will benefit from extended energy saving credits when making their homes more energy efficient in 2009 and 2010. Projects include energy-efficient windows, doors, heating, and air-conditioning systems. The existing 10% tax credit for energy saving home improvements has been increased to 30% of a cost up to $1,500 and extends through 2010.

So spending some money in 2010 will yield you a tax break this year and savings on your energy bills for years to come.  Pretty nifty huh?

Oh, don't forget the local rebate incentives that CPS (City Public Service) in San Antonio offers for homeowners.  Check their website to learn more about how you can benefit through their program as well.

Here's another little tidbit for those of you in the great state of Texas.  Texas offers an energy efficiency program where you may be able to receive a benefit by replacing an appliance at certain times in the year with a more efficient one.  Google www.texaspowerfulsmart.org for more information.

I am a CPA in San Antonio and serve individuals and small businesses in San Antonio and surrounding areas.

Richard J. Garcia | 06/02/2010