
Tax & Energy Savings
Lindsay can save you money on your energy bills and possibly qualify you for a credit on your federal income tax!*
On December 17, 2010, President Obama signed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. This law extends the tax credits for energy efficiency into 2011, BUT at lower levels. The levels revert back to those in effect in 2006 and 2007, which were 10% of the cost of the improvement, up to $500, with a $200 max for windows, and several other set maximums.
The tax credit is equal to 10% of the cost of qualifying energy efficient upgrades, up to a maximum of $500 for 2011.This includes all Lindsay Windows with our SolarBan70 or 366 LowE Glass.
There are some technical window requirements that must be met, including U-Factor and Solar Heat Gain Coefficient less than or equal to 0.30. Talk to your Lindsay dealer for more information.
Other details:
- Keep your sales receipt and our manufacturer's certificate.
- Request NFRC labels to be included when your dealer places the order.
- Purchase and installation must be made before Dec. 31, 2011.
- Claim your tax credit on your Federal return for the applicable 2010 and/or 2011 tax year.
- You can download IRS form 5695 here.
- Tax credit applies only to the price of remodel products. It does not apply to any installation fees or charges.
For more detailed information including technical requirements, see "Rebates and Tax Credits for Windows, Doors, and Skylights" on EnergyStar.gov.
The IRS released important information update for rebate regarding the $1,500 tax credit as part of the 2009 Economic Stimulus Plan. To read the official release from the IRS click here.
In summary, here is how the Federal Tax Credit works:
Windows purchased between 1/1/2009 and 5/30/2009
Must meet the current energy start criteria. Any Lindsay window product purchased with Low-E glass (either SolarBan70 or Cardinal 366) qualify for Energy Star.
Windows purchased between 6/1/2009 and 12/31/2010
Must have a u-value of equal to or less than .30 and a solar heat gain coefficient (SHGC) of .30 or below. All Lindsay Window products with Solarban70 or 366 LowE qualify.
Why Invest in Vinyl Windows and Doors?
There are several advantages to purchasing energy-efficient windows instead of other products:
- Immediately reduces heating and cooling costs.
- Adds beauty and curb appeal to your home.
- Low maintenance makes your life easier.
- Adds value to your home.
Click here to download the 2010 Energy Credit Certificate if you purchased your windows from the North Mankato, Minnesota location.
Click here to download the 2010 Energy Credit Certificate if you purchased your windows from the Union, Missouri location.
Click here to download the 2011 Energy Credit Certificate if you purchased your windows in 2011 from the North Mankato, Minnesota location.
*Certain limitations apply. Consult your tax preparation advisor or the IRS for complete details.
