You read that right – you can get a tax credit when you buy that long awaited garage door for your home! The reason: In February 2009, the American Recovery and Reinvestment Act was passed into law and credits homeowners for energy-efficient improvements that are made on the home. So if you purchased a new garage door in 2009-2010 or are planning to, you may qualify for this credit that has jumped from $500 to $1500 (note that this is the maximum and is over the 2009-2010 tax credit period).

Here’s how to know if your new door qualifies:

• The tax credit only includes garage doors installed from 2009-2010.
• The garage door has to be in service for five years or more.
• The garage door has to be installed on insulated walls.
• The garage door must be installed on the buyer’s main residence (no lake houses or summer homes).
• The perimeter of the garage door must have access to air filtration.
• The garage door must have a U-factor and Solar Heat Gain Coefficient (SHGC) that is less than or equal to 0.30.

This video offers some great tips on installing energy-efficient garage doors:

[youtube]http://www.youtube.com/watch?v=4-poW6Z8YyE[/youtube]

Blog sponsored by: Groenewal Ramsey Door

Tags: garage doors nj, insulated garage doors, overhead door nj

This entry was posted on Sunday, August 8th, 2010 at 4:11 pm and is filed under Garage Doors. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.