The Energy Tax Credit for Replacement Windows and Doors (Section 25C of the International Energy Conservation Code) offers a tax credit to homeowners who remodel their home to make it more energy-efficient. The tax credit is given for such improvements as vinyl replacement windows, solar powered water heaters, and energy efficient garage doors. The tax credit covers 30 percent of the first $5,000 spent on qualified home improvements. That’s $1,500 back into your pocket. You can only claim it once in a two year period, so spend your money wisely in 2010 you can claim your tax credit on your federal income tax return.
When selecting your garage doors, you need to be sure that they are qualified for the tax credit. There are many varieties of garage door that qualify so you can shop around and select the one that best suits your needs. The tax credit generated by the stimulus legislation expires on Dec. 31, 2010.
In your selection process, there are some things you need to know about deciding on your new garage door. The R-value or U-factor, are measurements of the thermal efficiency of a door’s insulation. The higher the R-value or the lower the U-factor which means the more energy efficient the insulation. The tax credit is only available for garage doors with a minimum factor of 0.30 installed on a homeowner’s primary residence. You’ll get the most out of your insulated door by purchasing a garage door with a high R-value and low U-factor.
The garage door must also be attached to your primary home residence, be expected to remain in service for at least five years, the door perimeter must be able to control air infiltration, the door must be an insulated residential garage door installed on an insulated garage, and the door must be purchased and installed between January 1, 2009 and December 31, 2010. The manufacturer of the garage door will be able to provide you with a copy of the Manufacturer’s Certification, which is a certificate qualifying your door for the tax credit.
Replacing your garage door with an insulated door can reduce significant energy loss. Attached garages share one or two walls with the house, so in the winter it could be unnecessarily increasing your heating cost, and in the summer it could be increasing your air conditioning cost. An insulated garage door helps stabilize temperatures and avoid fluctuations from sharing common walls.