If you made any of these improvements in 2012 you can even claim the credit retroactively.
Gaf roof energy credit.
According to the cool roof rating council reflective energy star qualified shingles save an average of 7 15 of total cooling costs and may increase roof product.
You can also get credit for solar energy you send back to the grid when your panels produce more power than your home uses.
Tax credits for non business energy property are now available for products installed on the taxpayer s primary residence in the u s.
A tax credit is an amount that a taxpayer can deduct from the amount owed at tax time.
The home must also be located in the united states.
To qualify for the credit the qualified roofing product must have been purchased and placed into service during the applicable tax year on an existing home not new construction which was your primary residence and which you owned.
In partnership with north america s leading roofing manufacturer gaf we offer elegant low profile solar that installs like a skylight ensuring a water tight beautiful roof that generates clean energy.
This further increases your monthly savings.
The amount of a roofing tax credit may vary but is generally a portion of the total cost spent on re roofing with a maximum limit on the amount to be paid out.
Get automatic lifetime protection on your entire gaf roofing system when you install any gaf lifetime shingle and at least 3 qualifying gaf accessories you ll automatically get a lifetime limited warranty on your shingles and all qualifying gaf accessories.
How solar savings work.
Roof products visit the roof products page for usage tips and buying guidelines.
Residential and commercial roofing shingles slate roof ventilation roof underlayments asphaltic and tpo roof membranes.
Attic insulation and energy star qualified skylights are also eligible.
The list that follows is our attempt to create a comprehensive list of shingles that appear to qualify for the maximum 1500 2010 energy tax credit.
Roofing shingles and materials plus factory certified roofers including ratings from real homeowners from north america s largest roofing manufacturer.
Over time gaf energy solar can even pay for itself and your new roof via monthly electric bill savings and government incentives.
And gaf certified roofers will do all the work on the roof.
For purposes of figuring the roof credit do not include labor costs.
There is a total combined credit limit of 500 for all purchases improvements for all years since 2005.
If you re considering replacement of columbus roofing this year keep in mind that certain gaf energy star qualified asphalt shingles qualify for this tax credit.
Homeowners may be eligible for a tax credit if they install a more energy efficient roof.
Although there are inherent benefits in the use of reflective roofing before selecting a roofing product based on expected energy savings consumers should explore the expected calculated results that can be found on the department of energy s roof savings.