The 2009-2010 $1,500 energy tax credits ended as you sang Auld Lange Syne, but you’ll get up to $500 for a more efficient heating and cooling system in 2011.
In 2010, you were able to take up to 30% of the cost, to a $1,500 max, as tax credits for an eligible heating and cooling system. If you took advantage of the credit, congratulations:
If you didn’t take advantage already, you’re somewhat out of luck: The generous $1,500 program ended on Dec. 31, 2010. But at the last minute, the government added a suite of less-generous but still useful energy tax credits for heating and cooling systems and related energy-efficiency improvements. (more…)