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Government Money For Replacement Windows
As part of the new American Recovery and Reinvestment Act of 2009, there is a provision providing government money for replacement windows in residential, commercial, and industrial sectors. What that means is, if you have old or deteriorating windows, you now have an incentive to get them replaced under the new law. There are a few reasons for this, but the important thing for you to realize is, when the government is offering you significant incentives, it's a good idea to take advantage of it while you can.
How do I get the Government Money?
The incentive is actually quite generous. Often, when the government tries to encourage people to purchase something, it will offer a tax deduction. In the case of replacement windows, the government is actually offering a tax credit of up to 30% of the windows cost or $1500, depending on the total cost. The difference between a tax credit and a tax deduction is substantial.
With a tax deduction, the government allows you to write off a certain dollar amount from the total amount of income you are taxed for. With a tax credit, you pay a certain dollar amount less on your overall taxes. This is a huge boon, estimated to be worth about three times as much as it would be as a tax deduction; One way or another, you're getting government money for replacement windows that you buy for your home!
Why is the Government giving Money for Replacement Windows?
Now, why would the government be trying to get people to replace their windows, to the point where it's willing to subsidize window replacement? It's all a component of President Obama's plan to improve the nation's infrastructure. The general consensus is that the United States can save money over the long-term by investing in its outdated infrastructure. Part of this includes energy efficiency, and the fact of the matter is, old windows can be very poor insulators. When windows are letting in a lot of air, the energy required to try to keep the indoor temperature stable is exponentially increased.
So, to promote increased energy efficiency, all windows designated as "Low-E" by the Energy Star program of the EPA will be given the tax incentive. The catch is, they have to be approved to be eligible. Whether you're more interested in saving potentially hundreds of dollars per year in energy costs, or raising the resale value of your home, or just to do your part to help the environment, you can do so with government money for replacement windows.
Replace My Windows Today!
Cunningham Contracting is a great place to get this work done. They are experts at the job, and best of all, they can react to your specific needs and deal with the problem at hand. They've been in business for over 15 years, and if you are interested in government money for replacement windows, you should consider what they can offer you.
How to get started?
- Contact Cunningham Contracting, Inc. - Schedule a free, no-obligation, in-home consultation. Just pick up the phone and call or fill out our Free In-Home Consultation Form - Especially if you're in Maryland.
- Receive Expert Advice - One of our Representatives will setup a convenient time for our In-Home Estimator to visit your home to determine the exact specifications and job costs
- We'll Schedule Installation - Once you've determined you're ready to move forward, we'll schedule a time to begin construction and installation.
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