Tax Credits Under New Laws

David Kawauchi, Electrical Marketing Manager

This fall Congress passed tax credits in the Energy Improvement and Extension Act, but who knows what the new administration will do.

These tax incentives, some combined up to 50% on a system and excess credits carried forward for 5 years, should encourage more homeowners and businesses to install energy star, alternative or renewable types of systems.

For details on geothermal heating and cooling, solar water heat, and other credits available go to: http://www.energystar.gov for Federal Tax Credits and http://www.dsireusa.org/library for New York State Tax Credits.