Wednesday, March 7, 2007

2007 Residential Window Film Tax Credit

The federal Energy Policy Act of 2005 allows consumers to apply for tax credits based on energy-efficient improvements made to their homes between January 1, 2006 and December 31, 2007. Window film has recently been added to the list of qualifying products. Consumers who have purchased certain types of Sun-Gard, Elite and Glass-Gard window films may now apply for a tax credit. The tax credit is not applicable to commercial property.

The federal government has developed standards to determine which window films qualify in each climate zone. Visit website at www.filmtechnologies.com to obtain the list of films that qualify in your climate zone. Homeowners can receive a credit equal to 10% of the cost of the window film up to $500. Installation labor charges are not eligible.

Not only can Sun-Gard, Elite and Glass-Gard window films lower your tax bill, but they can also reduce your energy bill. In the summer months, heat entering a home through glass doors and windows can increase your energy bill by 40%. Window film has been proven to reduce heat gain in a home by up to 78% - thus reducing the load put on an AC unit to keep a home cool. The less your AC unit has to run, the more you save on your energy bill each month. For more information about solar films visit www.winsbysungard.com.

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