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Speaking of Tax Credits...

By January 6, 2007

To help promote energy efficiency, President Bush signed into law an extension on the Tax Relief and Health Care Act of 2006 which will extend tax credits on some energy saving products until the year 2008.

Those that have been extended are:

A $1,000 credit for contractors who build or remodel homes to meet federal standards for conserving energy with the use of approved components such as high-efficiency windows, insulation, furnaces and water heaters.

A 30 percent credit (to a maximum of $2,000) for homeowners who invest in a solar-energy system for generating electricity or heating water.

A 30 percent credit (with no cap) for businesses that invest in solarenergy systems.

Although this extension helps, it still leaves quite a few items off the list according to the Columbus Dispatch.

A complete look into energy saving tax-credits can be found here at the Department of Energy website.
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