On February 17, 2009, President Obama signed a stimulus bill (The American Recovery and Reinvestment Act of 2009) that made some significant changes to the tax credits available to homeowners for energy efficient improvements for improvements made between 1/1/09 – 12/31/10 . Among the changes:
The tax credit has been raised from 10% to 30%. The tax credits that were for a specific dollar amount have been converted to 30% of the cost. The maximum credit has been raised from $500 to $1500, although improvements such as geothermal heat pumps, solar water heaters, and solar panels are not subject to the $1,500 maximum.
Visit Energy Star’s website for further explanation of the new Federal Tax Credits for Energy Efficiency.
Joshua has a degree in architecture and is a LEED Accredited Professional that has worked in the design and construction industry for over 10 years, focusing his efforts on energy efficiency and building science. He has organized multiple events in Ohio to give young designers the opportunity to learn about “green” home design and produce actual projects. He was also a key player in Ohio’s first LEED for Homes Platinum project. Joshua is also a certified Building Analyst through the Building Performance Institute and performs home energy audits, assisting home owners in reducing their energy usage.
