Radiant Barrier - Tax Credits |
The Energy Tax Incentives Act of 2005:
The Energy Tax Incentives Act of 2005 Section 25C allows for tax credits on energy upgrades including insulation products when purchased in 2006 or 2007.
Residential
You can receive a tax credit of 10% of the cost of material when you purchase radiant barrier in 2006 or 2007 for use in your residence. The maximum cumulative amount you can receive for 2006 and 2007 is $500. The residential applications that qualify for this credit are attics, walls, and crawl spaces.
Commercial
Businesses can receive a tax credit of 30% of the cost of material when they purchase radiant barrier in 2006 or 2007 for use in a commercial building.
Links
Energy Star on Tax Credits
Download a copy of the Manufacture's Certification Statement.
*We strongly advise you to consult with your tax advisor on all matters regarding taxes prior to filing.
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