Window Film Products:
2009 - 2010 Tax Credit for Window Film
ACE Window Tinters for a Residential Window
A provision in the
recent American Recovery and Reinvestment Tax Act of
2009 (ARRA) has significantly changed the existing
tax credit opportunity for window films installed in
residential structures. Under the new policy,
qualifying credit has effectively tripled from 10%
to 30% of film cost with a maximum total credit
of $1,500, up from the previous cap of $500. The
new policy goes into effect retroactively from
January 1, 2009 through to December 31st of 2010.
The ARRA also makes product
compliance standards for the tax credit more stringent.
Please review the
Qualifying Products Certification Statements that outline
which films, when installed with different window/frame
types, qualify for climate zones defined by the 2009
International Energy Conservation Code. These new standards
went into effect February 17, 2009.
in Your Pocket
A tax credit directly reduces your
income tax, unlike a deduction, which reduces the
amount of income subject to tax. The credit then
directly increases the tax refund you receive or
decreases the amount you have to pay. Homeowners can
receive a 30% credit on the costs of window film,
up to $1500. Installation charges do not apply
Making it Simple
Complete IRS form 5695 and file 2009
Income Tax Returns by April 15, 2010. Forms are
along with a list of other available energy
efficiency tax credits. Maintain copies of the
dealer invoice and the manufacturer's certification
statement for your records.
Ways to Save Money
Energy efficiency can lower your
federal tax bill and your monthly energy bill. Heat
gained through windows makes up to 40% of your
summer utility bill. Solar control window film
reduces heat gain by 80%, which helps lower energy
consumption. One study showed an average summer
cooling cost savings of $99.
Other Benefits of Window
In addition to money savings, window
film can increase indoor comfort, reduce fading of
your home furnishings, and protect your family
against harmful UV rays. Window film is also energy
efficient. According to the Alliance to Save Energy,
energy efficiency is the quickest, cheapest, and
cleanest way to extend our world's energy supplies.
Are You Letting Money Fly Out Of Your Windows?
In the average home, about 15% of wall space is
glass - which is a very poor insulator.
The average home wastes $63 per month on energy...
Which means the average home loses $760 every year!
Department of Energy
"Energy costs represent 30% of a typical commercial
building's annual budget and is the single largest
operating cost. Solar heat gain through windows
contributes to one-third of a building's cooling
Quarterly/US EPA Energy Star
Are You Interested In Saving Energy In Your Home Or
Let's Get Started!
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WINDOW TINTING PORT ST LUCIE
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GOING GREEN -
RESIDENTIAL TAX CREDIT -
ACE WINDOW TINTERS
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