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On February 17, 2009, President Obama signed a stimulus bill (The American Recovery and Reinvestment Act of 2009) that made some significant changes to the energy efficiency tax credits. The highlights are: - The tax credits that were previously effective for 2009, have been extended to 2010 as well.
- The tax credit has been raised from 10% to 30%.
- The tax credits that were for a specific dollar amount (ex $300 for a CAC), have been converted to 30% of the cost.
- The maximum credit has been raised from $500 to $1500 for the two years (2009–2010). However, some improvements such as geothermal heat pumps, solar water heaters, and solar panels are not subject to the $1,500 maximum.
- The $200 cap on windows has been removed.
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 As you know, the current economic condition of our country is an issue. The subprime mortgage has thrown off balance the ecology of our entire economic system which has even affected other economies worldwide. Though our current condition is an issue, it is also a valuable lesson reminding us how delicate the ecology of our system really is. In this lesson the impacts of this event are negative; however, this lesson implies that a positive event can have the same large scale affects. The Window Man is currently developing a project that will positively impact our country; we are developing a project that will help save the day. |
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Read more... [The Subprime Window]
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I am Window Man. I am here for education, supporting the growth and development of our youth in Hampton Roads. Because educating our youth is so important, I am sponsoring a program to help foster the advancement of our youth in the Hampton Roads area. For every window you purchase, I will donate a percentage to the school of your choice. So join me on the campaign to help our youth make a difference; join me on the campaign to make our America better. I am here to serve. The Window Man supports the following schools: |
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