Energy Credit for 2009 and 2010

The IRS wants you to know you can get a larger energy credit than in 2007!

Seven things you need to know!

1. The credit is 30% of cost of qualifying improvements up to $1500 limit for 2009/2010 combined.
   
2. Improvement include insulation, energy-efficient exterior windows, heating and a/c systems.
   
3. "Energy efficient" products must meet higher standards than for the 2007 credit.
   
4. Manufacturers must certify products meet new standards, providing a written statement..
   
5. Qualifying improvements must be put in service between 1/1/2009 and 12/31/2009 inclusive.
   
6. Improvements must be made to the taxpayer's principal residence in the United States.
   
7. Taxpayers must claim the credit on the tax return for the year when the improvements are made.