Home improvement projects take a considerable investment of time, money, and effort. As such, they should not be taken lightly. Once you’ve committed to a project, however, the change in your home and quality of life will be worth it. That said, you might be overlooking another perk of home improvement: federal tax credits!
Federal tax credits are typically given to qualified, energy-efficient home improvement projects. They can cover remodeling or products that lower your energy consumption, use renewable energy, or reduce ecological footprint. If that sounds like your kind of project, you should consider applying for tax credits this year! Rogers Roofing, one of the leading roofing companies in Northwest Indiana, gives the following reasons:
1. Recover 10% of Your Window Replacement Expenses
ENERGY-STAR certified windows, skylights, and doors are eligible for tax credits. You can reimburse up to 10% of your project costs (excluding labor) if you had your windows installed after 2005. The total credit limit of $200 spells great savings for any homeowner! If you’re planning on replacing your windows, take advantage of this opportunity by looking into energy-efficient Marvin windows from Rogers Roofing.
2. Save on Your Roofing System
Eco-friendly products like our Gerard® Stone Coated Steel Roof can get you up to $500 back from your roofing expenses! Tax credits cover ENERGY STAR-certified asphalt and metal roofing in Schererville, IN that reduce heat gain. Talk to our experts to find out what other roofing products
from Rogers Roofing make you eligible for this type of tax credit.
3. Get a Tax Break from Your Siding
Even insulated siding can be a source of tax credits! In addition, eco-friendly siding is a great way to bring down your utility bills. For instance, insulated vinyl siding from Rogers Roofing can increase your home’s energy efficiency by as much as 20%. Federal tax credits are given to similar energy saving home improvements, so it’s a good idea to check if your siding is eligible.
4. A Great Year to Go Green
This year is an excellent year to go green by switching to geothermal heat pumps, solar energy systems, and small wind turbines. You can recoup up to 30% of your project cost with no upper limit. Both new construction and existing homes qualify.
If you’ve never applied for tax credit, then 2016 is the perfect year to do it! That said, you should conduct careful research to ensure that your home improvement projects make your eligible to apply for these. Rogers Roofing can provide the professional assistance that you need, so give us a call at (219) 933-9145 and (773) 768-3022!
Categories: