The recently passed Economic Stimulus package (The American Recovery and Reinvestment Act of 2009) includes federal energy tax credits for individuals. Homeowners are encouraged to make energy efficient home improvements. All TEMO THERMAL ROOF SYSTEMS qualify for the credit because of the ENERGY STAR EPS Foam insulation that we use. The white TEMO THERMAL ROOF SYSTEM has its own ENERGY STAR Rating because it is a REFLECTIVE ROOFING PRODUCT.
The tax credit is based on 30% of the cost of the TEMO Thermal Roof System up to $1,500. The installation of the products does not qualify for the credit.
A tax credit is a dollar-for-dollar reduction to your tax liability. Therefore, up to $1,500 can be deducted directly from the amount of tax that is owed.
To take advantage of the tax credit, you must purchase a qualifying energy efficient product between January 1, 2009 and December 31, 2010. These must be submitted with IRS tax form 5695 when filing your 2009 or 2010 tax return.
To learn more about the energy tax credit, you can visit the ENERGY STAR Website
To download the Official Manufacturer’s Certificate for your tax records. Click here