Do Your Part to Extend the IRS Section 25c Tax Credit for Home Energy Improvements
Lucas Hamilton is Manager, Building Science Applications for CertainTeed Corporation
Both homeowners and manufacturers have benefited from the Energy Tax credits offered from 2009 – 2011 for home improvements that improve energy efficiency. For example, adding insulation to attics and basements, replacing drafty doors and windows and replacing a roof with an ENERGY STAR rated roof. At a time when homeowners have been tightening their belts, this credit helped to sustain the building industry through upgrading and remodeling in the current home inventory.
A large part of the building inventory in the U.S. is over 30 years old. The building codes where not as stringent back then and what we are learning is that the building envelopes are not as tight as they should be. Statistics from ENERGY STAR show that homes that have added insulation to attic spaces, basement ceilings, and walls have seen a reduction in their heating/cooling bills over time.
On December 31, 2011, the Energy Tax Credits will expire. Yet, the work to improve the efficiency of homes and buildings is far from over.
As member of the Insulation Contractors Association of America (ICAA) & Council of NAIMA, CertainTeed supports the extension of Energy Tax Credits – IRS Section 25c until 12/31/2013.
Please write your Senator and Congressional representative to:
- Extend the expiration date to 12/31/2013.
- Raise the tax credit cap to $1500 from $500.
- Include the cost of labor for building envelope components (like insulation) the tax credit calculation.
Please visit www.capwiz.com/insulate/home/ to see the issue and a model letter. Click the Take Action button – the support letter is already there – fill in the sender information and hit send message. It’s that easy!