It Pays To Hire an Insulation Contractor
ACCORDING TO THE ENERGY STAR WEBSITE:
Tax Credit does NOT include installation costs. BUT, you can install the eligible product yourself, you are not required to have a particular contractor do the install. Many of the energy efficiency tax credits allow the cost of installation/labor to be included in the eligible amount (view this FAQ for details). However, if you install the product on your own, you can not claim a labor charge for the installation. There is no basis for which to charge the government for your time.
Installation costs ARE COVERED for:
- HVAC (Heating, Ventilation and Air Conditioning) systems
- Biomass Stoves
- Water Heaters (including solar)
- Solar Panels
- Geothermal Heat Pumps
- Wind Energy Systems
- Fuel Cells
The tax credit for HVAC, biomass stoves, and non-solar water heaters is 30% of the total cost (product + installation) up to $1,500. The law specifies installation costs include: "expenditures for labor costs properly allocable to the onsite preparation, assembly, or original installation of the property."
