Tax Advantages of Spray Foam Insulation
If you read this site you will learn all the outstanding advantages of using Spray Foam Insulation in your home or business. On top of that the government will actually give you tax breaks to use spray foam insulation! How often does that happen? Take advantage of this great opportunity to improve the quality of your life in your home, help the environment and even get money back from the government. Please take a look at some of the Tax Advantages of Spray Foam Insulation.
Tax Breaks
·
Eligible for up to a $1,500 Federal Tax
Rebate
·
Residential Energy Property Credit
(Section 1121): The new law increases the energy tax credit for
homeowners who make energy efficient improvements to their existing
homes. The new law increases the credit rate to 30 percent of the cost
of all qualifying improvements and raises the maximum credit limit to
$1,500 for improvements placed in service in 2009 and 2010. The credit
applies to improvements such as adding insulation, energy efficient
exterior windows and energy-efficient heating and air conditioning
systems.
·
City Public Service (CPS) Energy offers a
rebate of $0.50 per square feet of the floor plan for existing homes, if
both the attic and walls are insulated at the same time.
·
A rebate of $0.25 per square feet of
attic floor space under conditioned areas of the home is offered if only
the attic is sprayed.