You can save up to $1750 in 2011 with tax incentives and utility company rebates!
There are a number of utility company rebates and federal tax incentives available to help homeowners afford energy efficiency improvements. These financial resources are relatively easy to obtain and can significantly offset the cost of any improvements installed by Smart Sealed. We’ll even help you with the paperwork!
Check out the websites listed below or call Smart Sealed at 773-282-9000 for more details.
Utility Rebate Programs
Nicor & ComEd Customers
Check out Nicor/ComEd http://nicorgasrebates.com/homeenergysavings/ to save up to $1250 and receive a $99 energy assessment. Please call Smart Sealed for assistance on how to receive the Nicor and ComEd rebate.We will walk you through the process. When you do call for your assessment appointment, mention that Smart Sealed Insulation sent you. Contractor number 470. You must be a Nicor and ComEd customer to qualify.
People’s Gas & North Shore Gas Customers
Rebate information to be released in November, 2011.
Energy Impact Illinois
Will announce in November a below market interest rate to help homeowners finance the energy efficiency improvements for their home.
Current Tax Incentives
Federal Energy Efficiency Funds
Amount: Tax credit equal to 10% of cost, maximum of $500.00
Expiration: December 31, 2011
For comprehensive details about this program, visit the U.S. Environmental Protection Agency’s ENERGY STAR website http://www.energystar.gov/index.cfm?c=tax_credits.tx_index
This tax credit covers materials only; it excludes the cost of installation or labor. The exception to this rule is that the cost of labor associated with spray foam insulation does qualify for the incentive! Spray foam qualifies because its purpose is to insulate and lasts a minimum of five years.
These products used to reduce air leaks also qualify: weather-stripping, spray foam in a can, caulk and house wrap.
To claim the tax credit, homeowners must have a Manufacturer’s Certification Statement, which is a signed declaration from the manufacturer certifying the product or component qualifies for the credit. Smart Sealed provides Manufacturer’s Certification Statements whenever they are available.
For tax credit claims, save your receipt and Manufacturer’s Certification Statement. You must keep a copy of the statement for your records, but you are not required to submit it with your tax return. Use IRS Tax Form 5695 (version 2009) http://www.irs.gov/pub/irs-pdf/f5695.pdf
Please check back for up to date information as programs get announced.
