Energy Savings
High utility bills in summer and winter can often be traced to air leaks in your home’s envelope and inefficient windows.
Installing Stanek energy-efficient and
superior insulated windows and doors will contribute to
energy savings in both your electric and gas bills.
Stanek Windows offers a full line of ENERGY STAR windows and patio doors, hurricane impact windows and patio doors, exterior doors, insulated vinyl siding, hurricane shutters and gutter protection.
For more information on energy savings, call a Stanek Windows Representative at 800-4-STANEK.
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Have Questions About The 2011 Tax Credit?
The tax credit made available to homeowners as part of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, signed into law December 17, 2010, extends certain energy-efficient tax credits for qualifying windows, skylights and exterior doors for a period of one year.
1.) What windows and doors are eligible for the credit?
Windows, skylights and exterior doors that meet the ENERGY STAR rating. All Stanek UltraExtreme™ and Stanek Hurricane Impact Series windows and selected patio doors qualify for the energy tax credit. This information can be found on the NFRC Label provided with products. ENERGY STAR will have a complete list of qualifying products posted in early 2011.
2.) How much is the energy tax credit for new windows and doors?
The tax credit is $200 for windows and skylights and $500 for exterior doors. The maximum credit for all taxable years for qualifying products is $500 — no more than $200 of the credit can be attributable to expenses for windows and skylights.
3.) What percentage of the product(s) purchase price is eligible?
Homeowners can claim a credit of 10% of the purchase price of qualifying products (up to the caps listed in #2) up to $500. Installation costs (including labor or materials for installation) are not included for windows, doors, skylights, insulation or roofing.
4.) When does the tax credit take effect and how long does it last?
The tax credit begins January 1, 2011 and expires December 31, 2011. Purchasers of qualifying windows, skylights and exterior doors must have them installed in their principal residence by December 31, 2011
*Energy-efficient windows or exterior door must be installed in an existing home and your principal residenc. New construction and rentals do not qualify.
5.) How does the tax credit compare to the previous credits? Are consumers who took advantage of those credits eligible for the new tax credit?
The 2011 tax incentives revert to the 2005-2008 levels: 10% of the cost installing efficient windows. Anyone who has taken advantage of the 2006-2010 programs cannot apply for incentives that exceed the cap. Example: if a consumer claimed $500 in 2006 for a qualifying exterior door, the tax credit is exhausted; if only $300 was claimed in 2009, $200 can still be claimed – for a total of $500.
6.) What is not covered in the energy tax credit?
The tax credit does not include labor, installation, materials for installation, or tax costs.
7.) What paperwork do I have to save and submit to receive the energy tax credit?
You will need to keep your NFRC Label from each product, along with the sales receipt. The government is expected to post additional information at ENERGY STAR. The IRS is expected to post official guidance in early 2011. Circumstances vary widely, so homeowners should consult with their tax adviser for further guidance.
For more information on the energy tax credit, please visit ENERGY STAR. The IRS will issue additional specific guidance soon, please visit IRS for updated information.
This information represents the best information available as of December 20, 2010. It summarizes the changes to the IRS Federal Tax Code (US Code Title 26, Section 25C) amended by the Tax Relief, Unemployment Insurance Reauthorization, and job Creation Act of 2010. Contact an accountant or other tax professional for advice related to the specific tax credits.
