Tax Credit Opportunities for Solar and Energy Efficiency
Existing Homes? These provisions offer cost-based incentives of 30% of the amount expended on materials by the taxpayer for "Qualified Energy Efficiency Improvements" and up to $1,500 for "Qualified Energy Property" up to a maximum credit limit of $1,500.
The benefits of ENERGY STAR qualified roof products
ENERGY STAR qualified roof products reflect more of the sun's rays. This can lower roof surface temperature by up to 100°F, decreasing the amount of heat transferred into a building.
ENERGY STAR qualified roof products can help reduce the amount of air conditioning needed in buildings, and can reduce peak cooling demand by 10-15 percent.
Saves Money and Energy. According to EPA, about $40 billion is spent annually in the US to air condition buildings - one-sixth of all electricity generated in a year! ENERGY STAR qualified roof products reduce the amount of air conditioning needed in buildings, and can reduce energy bills by up to 50 percent.
Downsizes Cooling Equipment. A reflective roof can reduce peak cooling demand by 10-15%. As a result, the home or building owner may be able to purchase a smaller, more efficient, and less expensive cooling system.
Will installing an ENERGY STAR qualified roof product save me money no matter where I live?
Homes and buildings located in hot and sunny climates will realize the greatest energy and cost savings. So, people living in southern geographic areas that use more air conditioning will see greater reductions in their energy bills than people living elsewhere in the country.
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