2009 Tax Credit
On February 17, 2009 President Obama signed a stimulus bill (The American Recovery and Reinvestment Act Of 2009) that has made some significant changes to the energy efficiency tax credits.
The highlights are:
1. The tax credits that were previously effective for 2009 have been
extended to December 2010.
2. The tax credit has been raised from 10% to 30% of the cost of the
material.
3. The maximum credit has been raised from $500 to $1500 total for
the 2 years( 2009 - 2010) and applies to insulating products, as well
as other products, for existing homes only.
To qualify for the tax credits on home improvements one must meet the following criteria:
1. Must be placed in service from January 1, 2009 through December
31, 2010.
2. Must be for taxpayers principal residence.
3. Tax credit may only be claimed for the cost of the material only.
The Following Shelter Enterprises products qualify as Eligible Building Envelope Components base on the fact that they are an insulation material or system that is specifically and primary designed to reduce the heat loss or gain of a dwelling unit when installed on the dwelling unit and may be taken into account in determining wether the building thermal envelope requirements established by the IECC are satisfied:
Shelterwarp, Shelterwrap HD, Shelterform, Sheathall HD
Plus, Cornerfoam*, Insul-Start*, EIFS Gade EPS
• When used as part of an insulating system utilizing Shelterwrap, Shelterwrap HD or Shelterform
Why choose EPS form Shelter Enterprises?
• Provides R-values that will last for a lifetime
• Contains Recycled Content
• Are Free Of Hydrochlorofluorocarbon
• Material Does Not Support Mold Growth
Install Energy Conserving Products and Save Money
Shelter Enterprises EPS thermal insulation products are made in Upstate New York. They are designed to save homeowners energy and money. When applied to the exterior of the building, EPS will significantly reduce heat loss in your building. Our energy saving line of products are easy to install and readily available for homeowner and contractors.
Shelter Enterprises manufactures its entire product line without using chemicals that can deplete the ozone layer. Some of our competitors use chemicals (HCFC) to create high R-values up front, but in time are released into the ozone. Shelter Enterprises Inc line of products will maintain R-values, Saving energy and money year after year.
Steps to claiming your tax credit
1. Have a invoice that shows the cost of the Shelter Enterprises
products that you have installed.
2. Fill out a request for the Manufactures Certificate. Shelter
Enterprises will return a completed certificate within 10 days.
3. Keep the Manufactures Certificate that Shelter Enterprises and your
invoice for tax records. Please note that you are not required to
show these documents unless you have been audited by the IRS.
Forms For Tax Credit
Example of Manufacturers Certificate - Click Here
Manufacturers Certificate Online Form
Goverment Links
US Department of Energy at www.energy.gov
Energy Star at www.energystar.gov
Concrete Applications
