It’s been a rainy, windy Tuesday, March 16, 2010 in Bellingham, WA. However, our mild winter has brought us an early spring…Blossomed trees adorn our streets and homes, daffodils are cheering us up, primroses are being planted in gardens, and we are now mowing our lawns on a consistent basis L.  

Did you KNOW…that there is a tax credit for re-roofing your home with Energy Star qualified materials? What qualifies? Any metal or asphalt (including shingles and modified bitumen rolled roof product) roofing material that has appropriate pigmented coatings specifically and primarily designed to reduce the heat gain of a dwelling unit when installed on the dwelling. Roof coatings alone are not eligible for the credit. The material must meet or exceed Energy Star program requirements in effect at the time of installation. The material must be installed on your principal residence and be expected to last 5 years or have a 2-year warranty.

The amount of the federal credit: 30% of the cost up to $1500 (does not include installation costs.).

The material must be placed into service between January 1, 2009 and December 31, 2010. A Manufacturer’s Certification (a signed statement from the manufacturer certifying that the product qualifies for the tax credit), which is often available from the manufacturer’s Web site. The certificate should be kept in your records along with your receipt. When filing, submit IRS Tax Form 5695 (version 2010) with your tax return.*

 *Dan Vandervort’s HomeTips.com-Home Roofing 2009 - 2010 Federal Tax Credit