In February 2009, the Stimulus Plan was passed by the United States government. A part of this plan is to give a tax credit to homeowners who make energy-efficient updates to their homes, including the installation of certain ENERGY STAR-labeled roofs.
2017 Federal Tax Credits
Tax Credit: 30% of cost with no upper limit
Expires: December 31, 2021
Tax credits for Solar Energy Systems are available at 30% through December 31, 2019.
The credit decreases to 26% for tax year 2020; drops to 22% for tax year 2021 then expires December 31, 2021)
Details: Existing homes and new construction qualify. Both principal residences and second homes qualify. Rentals do not qualify.*
Information Regarding ENERGY STAR Roofs:
An ENERGY STAR-labeled roof is a reflective roof product that lowers roof surface temperature up to 100 degrees Fahrenheit, which reduces the amount of heat transferred into a building's interior.
ENERGY STAR-qualified roof products save money and energy by reducing the amount of air conditioning needed to keep a building at the right temperature.
Benefits of Energy Star Roofs: Saves Money on Energy Costs
ENERGY STAR qualified roof products save money for the homeowner by reducing the amount of air conditioning and energy needed in a home. Energy costs can be reduced up to about 50%.
Downsizes Cooling Equipment
A reflective ENERGY STAR roof can reduce peak cooling demand by 10-15%. As a result, the homeowner may be able to use a smaller, more efficient, and less expensive cooling system for their home.
For more information on Energy Star roofs, visit http://www.energystar.gov/