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Get Federal Tax Credits for Thinking Green

Homeowners can benefit from newly expanded federal tax credits for energy efficiency by upgrading their homes. You can claim up to $1,500 in tax credits by reducing energy consumption through the Existing Home Retrofit tax credit. The types of projects that qualify include adding insulation, replacing doors and windows, adding central air, and updating heating systems. This is a great way to benefit from lower energy bills, while getting federal tax credits.
Another tax credit is available for alternative energy sources. The Wind, Solar, Geothermal and Fuel Cell Tax credits are available at 30% of the cost through 2016 for Geothermal heat pumps, solar panels, solar water heaters, small wind energy systems and fuel cells. This credit can be used on existing homes or homes being built. If you want to think green and save money now is a great time to investigate further.

All of these energy-efficient home products must be installed between Jan. 1, 2009 and Dec. 31, 2010. The credits are only valid for improvements made to the taxpayer’s principal residence, except for qualified geothermal, solar, wind property, which can be installed on any home used as a residence by the taxpayer.

Check with your tax professional to ensure correct application of the energy-efficiency tax credit. Also make sure to save all receipts and records related to your purchase and installation.

Right now is a great time to think green and get rewarded for doing it!


Attorney David M. Frees III whose practice involves trusts, estates, wills, and estate and asset protection planning, has just published a new (and free) guide for executors of wills probated in Pennsylvania.  The report entitled:  The Ten Most Common Mistakes That Executors make and How To Avoid Them.  This is a guide for executors to prevent personal liability and a guide to you if you're planning your estate and need to decide who is the best executor.

David Frees and Unruh, Turner, Burke and Frees have offices located conveniently in Malvern, Phoenixville, and West Chester Pennsylvania.  Just click here for directions.

If you are an executor, or if you need to update an old will, trust, or estate plan, or if you need to do one for the first time, call 610-933-8069 and ask for one of David's assistants for an appointment with David or one of his team. 

Please tell us that you're calling from our estate planners web site and you will receive a bonus when you come for an appointent or you have a telephone conference with David.

David Frees has attained AVVOs highest lawyer rating of "superb" or 10.  For more information on David Frees' AVVO rating click here.

For more info from David M. Frees, III

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