Tax Credits 2011

TAX CREDIT EXTENDED IN 2013!

The federal government has increased the tax credit for qualifying purchases of insulation. Adding Owens Corning PINK Fiberglas™ is the easiest way to save and is as simple as 1-2-3.

1. Insulate your home for a savings of up to 10%* off on your heating and cooling energy bills. Save your receipts. Claim a 10% tax credit** on your 2013 tax return.

The federal tax credit for installed insulation in 2013 is 10% of the purchase price of the insulation material up to a $500 tax credit.

Download this Owens Corning Manufacturer’s Certification Document (pdf, 162KB), fill it out, and take it, along with all receipts or itemized bills from your contractor showing the amount spent on insulation materials between January 1, 2013 and December 31, 2013, to your tax professional to claim the credit.

Get Paid For Making Your Home More Energy Efficient!

Insulating qualifies you for a 10% tax credit of the cost of materials for qualifying insulation projects throughout 2013, up to a maximum of $500.

Upon completion of your project, we provide all necessary documentation to obtain your tax credit. Simply provide the documentation between January 1, 2013 and December 31, 2013, to your tax professional to claim the credit. Manufacturer certification statements are also available on our website under the       tab. For complete details on insulation tax credits available to consumers, visit www.energystar.gov

The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 permits homeowners a 10% federal tax credit of up to $500 of material cost for the addition of qualifying insulation products to their home. This tax credit applies to qualified energy efficient products purchased and installed between January 1, 2013 and December 31, 2013. This credit is applicable for the 2013 tax year.

Lifetime Limitation: The lifetime limitation on the tax credit reverts to $500 total for the years in which the tax credit has been available (2006, 2007, 2009, and 2010). If a taxpayer claimed a residential energy tax credit of at least $500 prior to 2013, they would not be eligible to make a tax credit claim in 2013.

The Act states that insulation products must meet the R-value criteria established by the 2009 International Energy Conservation Code (IECC). The IECC does not qualify products; rather it sets standards for insulation performance in relation to climate zones. Climate zones are geographical areas of the country based on historic climate conditions; colder zones generally require more insulation. These climate zones and respective insulation levels can be found within the Department of Energy's website.