Thursday, August 16, 2007

Federal tax credit

We've been asked about the rebate we got. It's technically a federal tax credit and we haven't received it yet. We hope to apply it towards our 2007 taxes this coming April. More about the tax credit can be found on the Energy Star website, which states "Tax credits are available for qualified solar water heating and photovoltaic systems. The credits are available for systems “placed in service” from January 1, 2006 through December 31, 2008. The tax credit is for 30 percent of the cost of the system, up to $2,000. This credit is not limited to the $500 home improvement cap."

1 comment:

Miranda said...

Hi, it's Miranda from MAGNET. I think your putting a blog out there about the process of getting a solar water heater is innovative and important! To attract more traffic, why not put the title (Hot Water Forever) and a brief description on the site? Have you registered it with Technorati and so on so people searching for websites on related issues can find you? Spread the word! Great job.