Savings
is as easy as 1-2-3...
The federal government is offering a 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 attic for instant savings of up to 20%*
off on your heating and cooling energy bills.
2. Save your receipts.
3. Claim a 10% tax credit** on your 2011 tax return.
Tax Credit Amount
Homeowners can claim a credit of 10% up to $500 of the purchase
price of qualifying products. It is important to note, certain products
are capped at lower levels, including:
* Windows and skylights, $200 cap
* Advanced main air circulating fan, $50 cap
* Qualified natural gas, propane or oil furnace or hot water boiler,
$150 cap
* Any item of energy-efficient building property (HVAC, water heaters,
biomass stove), $300 cap
2011 Home Energy Tax Credit
The "Tax Relief, Unemployment Insurance Reauthorization and
Job Creation Act" (H.R. 4853) signed into law on December 17,
2010, extended the federal tax credit for certain residential energy
products for one year at reduced levels compared to the 2009-2010
ARRA stimulus bill. Below is a summary of the new tax credit program
including qualifying Owens Corning products and our 2011 Certificate.
Qualifying
Products
The credit covers Energy Star windows, exterior doors and skylights,
and certain insulation, HVAC, metal and asphalt roofing products,
biomass stoves and water heaters. For a list of Owens Corning products,
please refer to the 2011 Owens Corning Manufacturer’s Certificate.
Lifetime Cap
Congress enacted an extension of the existing credit with a new
lifetime limit of $500 in aggregate credits that a homeowner can
claim from Jan 1, 2006 to Dec. 31, 2011. It is not on top of the
$1,500 limit in 2009-2010. So if a home owner has already reached
the $500 aggregate limit, they are no longer eligible to claim the
credit in 2011. The $500 aggregate lifetime limit is for any combination
of all qualifying products. If they claimed less than $500, they
can claim the difference up to the $200 cap for windows and skylights
and $500 for other products (except those with lower caps, listed
above).
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Stop
Air Leakage Now
Our
EnergyComplete™ Whole Home Insulation and Air Sealing Solution
can help you make your home more efficient and qualify for the
tax credit.
The Whole
Home Insulation and Air Sealing Solution that Delivers Maximum
Comfort and Energy Savings
Today's
homeowners and new home buyers are demanding greater energy efficiency
in their homes. To maximize savings and dramatically reduce air
infiltration - the major cause of energy loss in a house1 - the
Owens Corning EnergyComplete™ System combines our revolutionary
Air Infiltration Barrier with Flexible Seal Technology with our
proven PINK Fiberglas™ Insulation. The EnergyComplete™
System is a total home insulation and air sealing solution that
is an affordable way to achieve unsurpassed savings for your family.
It can reduce homeowners' heating and cooling bills by up to 33%".
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