2013
Tax Credit for Energy Efficient Windows, Doors
Homeowners still have time this year to rack up
a $200-$500 federal tax credit on new windows and doors. The key is
ensuring they install products that fit the Feds’ exacting
standards. Qualifying for the $200-$500 federal tax
credit on new windows and doors depends on two measurements,
U-factor and Solar Heat Gain Coefficient (SHGC).
1. U-Factor
Range: 0.20 to 1.20
The lower the number, the
better an insulator the window or door is. A low U-factor means that
less heat escapes in the winter, which makes it particularly
important in cold northern climates, according to the Collaborative,
a coalition of government agencies, research organizations, and
manufacturers that promote efficient window technology.
Tax credit qualification
requirement: 0.3 or less
2. Solar Heat Gain
Coefficient (SHGC)
Range: 0 to 1
The lower the number, the less
solar radiation—and heat—the window or door allows inside. SHGC
refers to the solar radiation a window or door allows inside. Seek
the lowest possible SHGC rating in warm climates to minimize the use
of air conditioning. Look for a slightly higher number in cooler
climates so that the sun can help heat your home in winter, but be
sure to balance SHGC with an efficient U-factor for your area.
Tax credit qualification
requirement: 0.3 or less
Before Buying New Windows:
You need to know about buying
energy efficient windows. Replacing all old windows with energy
efficient windows can be very expensive, from $8,000-$15,000 or more
for a typical home. In most cases you can get the same energy
savings by investing $1,000 or so in insulation, sealing air leaks,
and repairing your windows instead of replacing. In many cases, but
not all cases, repairing windows may be the smarter option.
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