Rebate Credits

The Federal Government recently increased the amount of tax credits due home owners, who make qualified additions and upgrades to their homes. Make sure to check with your State and Local Government for other rebates and tax credits in your area. These vary greatly from state to state.

In addition make sure to check with your local power provider as they may have additional rebates that you are qualified for.

Consult your personnel tax professional as they may be aware of additional benefits you are intituled to.

Residential Energy Efficient Property Credit

This form is to be used for Solar Electric, Solar Water Heaters, Wind Energy and Geothermal Heat Pump installations. This form will also be used for qualified high-efficiency items like heating and cooling systems, doors, windows and insulation.

Form 5695       

  Visit the IRS 

 A word of caution: Before you make any additions and/or upgrades to your home make sure that your upgrades and the equipment used in them will meet the requirements for your rebates.