Fi-Foil Helps You Capitalize On the Federal, State and Local Tax Credits and Deductions...
Fi-Foil is committed to helping you, your company and your customers take advantage of the incentives available through the various Government programs.
For Existing Homes
On December 21, 2010, President Obama singed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. This law extends the tax credits for energy efficiency into 2011, BUT at lower levels. The levels revert back to those in effect in 2006 and 2007, which were 10% of the cost of the improvement, up to $500, with a $200 maximum for windows, and several other set maximums.
Highlights:
10% up to $500 for insulation*, roofs and doors.
Windows capped at $200, but qualification now ENERGY STAR.
Furnace and boilers capped at $150, and all furnaces and boilers must meet 95 AFUE.
$50 for advanced main air circulating fan.
$300 for air conditioners, water heaters and biomass stoves.
$500 lifetime limit. If you got over $500 in these tax credits from 2006-2010, you are not eligible for anything else.
*What is included in the Tax Credit for Insulation?
Tax credit: 10% of cost, up to $500 (material only) Expires: December 31, 2011 Details: Must be an existing home and your principal residence. New construction and rentals do not qualify.
A credit of $2000 is available to home builders who build homes (including both site-built and manufactured homes) projected to save at least 50% of the heating and cooling energy of a comparable home that meets the standards of the 2004 International Energy Conservation Code (including 2004 supplement). A $1000 credit is available to manufactured home producers for models that save 30% or that qualify for the federal Energy Star Homes program. For more details, please visit - http://energytaxincentives.org/builders/new_homes.php
These credits are available for buildings or systems placed in service from January 1, 2006, through December 31, 2011.
For Commercial Buildings
A tax deduction of up to $1.80 per square foot is available to owners or tenants (or designers, in the case of government-owned buildings) of new or existing commercial buildings that are constructed or reconstructed to save at least 50% of the heating, cooling, ventilation, water heating and interior lighting energy cost of a building that meets ASHRAE 90.1-2001. For more details, please visit - http://energytaxincentives.org/business/commercial_buildings.php
These deductions are available for buildings or systems placed in service from January 1, 2006, through December 31, 2013.
Fi-Foil's Reflective Insulation products/applications can help you and your customerssave energy and reap the benefits of the various tax credits, deductions and rebates. To find out more about Fi-Foil's Radiant Insulation Solutions, follow the Contact Us link above or call us today at 1-800-448-3401.
