Remodeling Home Tax Credit:
30% of cost up to $1,500, Expires December 31,
2010
Must be an existing
home & your principal residence.
New construction and rentals don't qualify. Upgrades
include:
*Jeremy Blosser, our Certified Green Professional, notes that adding adequate insulation is one of the most cost-effective home improvements that you can do.
Adding adequate insulation is one of the most
cost-effective home improvements that you can do.
Requirements
Typical bulk
insulation products can qualify, such as batts, rolls, blow-in fibers, rigid
boards, expanding spray, and pour-in-place.
Products that
air seal (reduce air leaks) can also qualify, as long as they come with a
Manufacturers Certification Statement, including:
- Weather stripping
- Spray foam in a can, designed to air seal
- Caulk designed to air seal
- House wrap
Tax Credit
does NOT include installation costs. But, you can install the insulation/home sealing
yourself and get the credit.
See definitions.
More Information
- Qualified roof products reflect more of the sun's rays,
which can lower roof surface temperature by up to 100F, decreasing the
amount of heat transferred into your home.
Requirements
"Metal roofs with appropriate pigmented coatings" and "asphalt roofs
with appropriate cooling granules" that also meet ENERGY STAR
requirements.
Tax Credit
does NOT include installation costs.
More Information
- Gas, Oil, Propane Water Heater
Water heating can account for 14%-25% of the energy consumed in
your home.
Requirements
Energy Factor
≥ 0.82 OR a thermal efficiency
of at least 90%.
Tax Credit
includes installation costs.
See definitions.
More Information
- Electric Heat Pump Water Heater
Water heating can account for 14%-25% of the energy consumed in
your home.
Requirements
Energy Factor
≥ 2.0
Tax Credit
includes installation costs.
More Information
- Windows,
Doors, Skylights
Energy efficient windows, doors and skylights can reduce energy
bills.
Requirements
U factor <=0.30
SHGC <=0.30
Tax Credit does NOT include
installation costs.
See definitions.
More Information
A less expensive approach to replacing old windows/doors, is to
use storm windows to improve energy efficiency. When installed in combination
with older, less efficient window/door, storm windows/doors can enhance
efficiency by creating another barrier between the interior of you home and the
weather outside.
Requirements
In combination with the exterior
window/door over which it is installed:
- U-factor and SHGC of 0.30 or below
- Must meet the IECC
Tax Credit does NOT include
installation costs.
See definitions.
More Information
Remodeling and New Home Tax Credit:
30% of cost with no
upper limit, Expires 2016
Existing homes &
new construction qualify. Both principal residences
and second homes qualify. Rentals don't qualify.
For more information, visit energystar.gov
Virginia's Accessibility Tax Credit:
The goal of this credit is to improve accessibility and
provide universal visitability by providing state tax
credits of up to $500 for the purchase of new units or
retrofitting of residential units. Eligible Activities include:
- The purchase of a new residence that has universal visibility or accessibility features.
- Retrofitting of a residence to improve accessibility or provide universal visitability.
For more information, visit the Department of Community Housing & Urban Development
Contact us to get started on any of these green or accessibility remodeling projects. They will improve your home, comfort, and wallet!
Have you ever wanted a quick reference for aging-in-place issues?
Are you wondering how to incorporate some aesthetically pleasing
designs into your projects? If so, the Aging-In-Place Design Checklists
might be suited to your needs.