Quick Reference Tax Credit Fact Sheet
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A. When was the bill signed into law?
- The bill was signed into law February 17, 2009 by President Obama.
B. What is in the bill for the insulation contractor (or homeowner)?
- An “existing homes energy efficient tax credit”
C. What is the Existing Homes Energy Efficient Tax Credit?
- A tax credit from 2006 and 2007 that has been extended and enriched through December 31, 2010.
- The maximum tax credit in 2006 and 2007 was 10% of the material purchase price (up to $500). Now (from January 1, 2009 through December 31, 2010) the maximum tax credit is 30% of the material purchase price (up to $1,500) for qualified energy efficient improvements and qualified energy property.
- The tax credit does not include the cost of labor for installation of insulation.
- The tax credit applies only to an existing home that is the homeowner’s primary residence.
D. What Guardian products are considered “qualified building envelope components” and
may meet IECC’s 2009 requirements?
- Unfaced Fiberglass Insulation
- Wall Panel Insulation
- EZ-Attic Loosefill Insulation
- Kraft Faced Fiberglass Insulation
- Attic Guard Plus
*** Please note that meeting IECC specifications is about “how much” insulation needs to be installed to meet or exceed IECC established R-value requirements. The insulation installer will be responsible to know how much insulation is needed to meet specific IECC state requirements when installing Guardian insulation.
E. What R-values are required by the IECC for my state?
F. What paperwork does the homeowner need to keep for their 2009 tax preparation?
- Name and address of manufacturer:
Guardian Fiberglass, Inc.
979 Batesville Road
Greer, SC 29651
- Receipt detailing the following
• Name of the Guardian product installed
• Cost of Material
- Product Manufacturer’s Certification Statement:
• This can be found on Guardian’s website at
(http://www.guardianbp.com/docs/cert_statement3.16.pdf)
- IRS Tax Form 5695 (yet to be made available by the IRS)
New DOE R-Value Recommendations
All of Alaska in Zone 7 except for the following Boroughs in Zone 8: Bethel, Dellingham, Fairbanks N. Star, Nome, North Slope, Northwest Arctic, Southeast Fairbanks, Wade Hampton, Yukon-Koyukuk
Zone 1 Includes:
Hawaii, Guam, Puerto Rico, and the Virgin Islands
Existing Wood-Framed Houses
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Add Insulation to Attic |
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| Zone |
Uninsulated Attic |
Existing 3-4 in. of Insulation |
Floor |
| 1 |
R30 to R49 |
R25 to R30 |
R13 |
| 2 |
R30 to R60 |
R25 to R38 |
R13 to R19 |
| 3 |
R30 to R60 |
R25 to R38 |
R19 to R25 |
| 4 |
R30 to R60 |
R38 |
R25 to R30 |
| 5-8 |
R49 to R60 |
R38 to R49 |
R25 to R30 |
Wall Insulation: Whenever exterior siding is removed on an
Uninsulated wood-frame wall:
- Drill holes in the sheathing and blow insulation into the empty wall cavity before installing the new siding, and
- Zones 3-4: Add R5 insulative wall sheathing beneath the new siding.
- Zones 5-8: Add R5 to R6 insulative wall sheathing beneath the new siding.
Insulated wood-frame wall:
- For Zones 4-8: Add R5 insultive sheathing before installing the new siding.
Reference: DOE/CE-0180 2008, Insulation Fact Sheet
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